# ASX 200 losses ease as wages growth moderates and takes some pressure off the RBA on interest rates - ABC News

> The ASX 200 eased losses after December quarter wage data showed moderate pay growth. The Australian dollar slipped to about 68.28 US cents, and US equities fell sharply in the same session.

- Date: 2023-02-21 · published 2023-02-21T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/37592-asx-200-losses-ease-as-wages-growth-moderates-and-takes-some-pressure-off-the
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Moderate wage growth eases pressure on the RBA to hike, which weighs on the Aussie dollar; the market wrap itself carries little direct feed-commodity impact.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- abc.net.au: https://www.abc.net.au/news/2023-02-22/asx-markets-business-live-news-feb22-2023/102006650

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.