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Jul 30 - 11:55 PM

AUD/USD - Tracking Higher - China Mfg PMI Slightly Better

By John Noonan  —  Jul 30 - 09:40 PM
  • AUD/USD has been grinding higher though the Asian morning session

  • Bloomberg report China to introduce more stimulus today underpins

  • China June Mfg PMI slightly better than expected; non-Mfg eased nAZN16U8DFnAZN16U7U0

  • AUD/USD resistance at 0.6690/95 where the 55-day & 100-day MAs converge

  • It is currently trading at the session high at 0.6677

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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