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Nov 29 - 09:55 PM

AUD/USD - No Reaction Yet To Stronger China PMI

By John Noonan  —  Nov 29 - 08:25 PM
  • China manufacturing and services PMI improved again in November nAZN00MWDNnAZN0HU800

  • AUD/USD not reacting to the strong numbers as it pivots around 0.7400

  • High so far has been 0.7408 with resistance at 20-year high at 0.7413

  • One of the factors underpinning AUD sentiment is the strong rebound in China

  • China demand has continued to push iron ore and copper higher

  • For more click on FXBUZ










aud/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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