AUD review: Western Union

Quotes from Western Union:

- The week so far has gone better than planned for Aussie bulls as the Down Under unit has successfully weathered a central bank decision and quarterly growth data today that were in line with forecasts. 

- Australia grew 0.5% on the quarter in the final three months of 2014 compared to a slightly upgraded 0.4% in the third quarter, news that added validation to the RBA's decision not to cut rates this week from 2.25%. The Aussie isn't out of the woods however since its full year growth for all of 2014 was 2.5%, below the historical trend levels of around 3.25%. 

- The RBA this week passed on a rate cut but left the door open to lower rates if needed over the coming months, keeping the outlook skewed dovishly and a source of weakness alive for the Aussie.