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Thomson Reuters
Apr 01 - 02:36 AM
AUD/USD - Strong Caixin Mfg PMI Adds To Risk Appeal
First appeared on eFXplus on Mar 31 - 10:00 PM
  • AUD/USD near session high at 0.7128 after strong Caixin Mfg PMI nS7N1VL002
  • Caixin PMI back up the stronger than expected official PMI released Sunday
  • China growth concerns dim, as government stimulus starts to take hold
  • AUD viewed as a proxy for China and global growth sentiment
  • Sellers ahead of 0.7130 with resistance at 100-day MA at 0.7150

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