The Australian Dollar (AUD) attempts to recover the recent losses, despite downbeat economic data from Australia on Thursday. The AUD/USD pair retraced from its nearly four-month high at 0.6676 in the previous session. The downward pressure on the Aussie pair can be attributed to the recovery in strength of the US Dollar (USD). Australia's Private Capital Expenditure experienced a decline of 0.6% in Q3, contrasting with the previous growth of 2.8%. This contraction fell short of the expected rise of 1.0%. The data, released by the Australian Bureau of Statistics, indicates a decrease in both current and future ... (full story)