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China's Caixin Manufacturing Purchasing Managers' Index (PMI) returned to contraction, coming in 49.2 in July as against the 50.5 reading registered i
Hong kong pretty much unchanged. hsbc is listed on the hang seng index, that will be on the move given the much better than expected results that have just come out. australia's central bank decided to keep interest rates on hold today for the second month in a row, which is interesting, keeping the cost of borrowing at a%. the aussie dollar has eased slightly on that news. the price of oil is edging up as well, which is interesting. 0n the us, fairly mixed. flat trade for the main markets on wall street. in general, the feeling on markets is more positivity. inflation numbers out of europe ye...
The Australian Dollar skipped higher immediately after China’s primary manager’s index (PMI) data outperformed estimates before retreating. The RBA lies ahead. Will they hike or not?
On the hourly chart of AUD/USD at FXOpen, the pair gained bearish momentum below the 0.6720 zone. The Aussie Dollar entered a bearish zone after breaking below the 0.6680 support level.
The Australian Dollar rollercoaster ride continued last week and might be geared up for another bout of volatility going into the RBA meeting on Tuesday. Will AUD push lower?