AUD/USD: Bulls catch a breather around 0.7200 despite upbeat China PMI – FXStreet

• 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…

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