-
AUD/USD? lackluster reaction to upbeat China data
Having strengthened in early Asia despite weak Australia services index data, the AUD/USD pair is now struggling to extend gains beyond 0.7585 levels even though the China services PMI number bettered estimates. Hovers around 0.7585 At the time of writing, the currency pair traded around 0.7585 levels. The Aussie managed to score gains in early Asia even though the Australian service sector index for August witnessed its biggest drop. Meanwhile, China August service PMI released just now bettered estimates to print at 52.1. The upbeat figure could strengthen the bid tone around the pair, although the spot appears ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Sep 5, 2016 1:02am Sep 5, 2016 1:02am
- mohitn13
- | Joined May 2016 | Status: Member | 4 Comments
- Comment #2
- Quote
- Sep 5, 2016 3:48am Sep 5, 2016 3:48am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments
IF,BUT,MAYBE,WHEN IT GETS TO, WAITING FOR
- Comment #3
- Quote
- Sep 5, 2016 5:27am Sep 5, 2016 5:27am
- vwap
- Joined Mar 2016 | Status: Member | 8 Comments