Business
AUD/USD: Bulls catch a breather around 0.7200 despite upbeat China PMI – FXStreet
AUD/USD eases to 0.7205, up 0.15% on a day, during the early Friday. The pair recently surged to the highest since February 2019 while touching 0.7215
- AUD/USD seesaws around 0.7200 as China’s official PMIs flashed better than forecast figures for July.
- Risk aversion gains further strength from virus woes, doubts over the US fiscal package.
- Downbeat US GDP, dovish Fed exert additional pressure on the US dollar index.
- Risk catalysts, US Chicago PMI, Michigan Consumer Sentiment Index in focus for fresh impetus.
AUD/USD eases to 0.7205, up 0.15% on a day, during the early Friday. The pair recently surged to…
Continue Reading
-
Noosa News18 hours agoCommissioner thanks police officer who threw a speed radar at a car
-
Noosa News16 hours agoNo matter what happens in his Origin debut, history beckons for rookie maroon Robert Toia
-
Noosa News22 hours agoBrisbane Broncos star Reece Walsh says punching friend in face ‘not a good look’
-
General14 hours agoDairy farmers devastated by floods across parts of New South Wales