Connect with us

Business

Australian Dollar Forecast: AUD/NZD May Rise on Positive Hong Kong GDP – DailyFX

Wall Street ended lower on the day as rising U.S. Covid cases pinged sentiment. Still, Asian economic data may boost risk appetite and propel AUD/NZD higher despite…

Published

on

post featured image

Chinese PMI, Hong Kong GDP, AUD/NZD, USD/CNH Talking Points

  • Wall Street Indices closed in the red today as Treasury yields climbed
  • New Zealand Business PMI shows manufacturing activity expanding
  • USD/CNH, AUD/NZD focusing on Chinese FDI and Hong Kong GDP

The Wall Street trading session closed to the downside with major US indices finishing in the red. The Dow Jones index led the pack lower, closing 1.08% lower. In line with the risk-off tilt, U.S. Treasury yields fell across the curve. The 10-year…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending