Forex News | Currency News by Forexlive
China November official PMI 49.0
That’s down from 50.4 in October.
Any number below 50 indicates contraction in the manufacturing industry.
The AUD/USD has rallied marginally after the release, strangely enough.
AUD/USD slides as Tokyo sells
Well you can’t say you weren’t warned. Typical Asian trade, selling against the strong overnight trend, and the weaker than expected domestic data is also weighing. Next risk event is the Chinese PMI, due out in 10 minutes.
EUR/USD is trading quietly around 1.3440 with little interest being shown there
Australian retail sales +0.2% MoM (+0.4% expected)
The AUD/USD has slid towards 1.0225 on this worse than expected number.
Building approvals were also weak, -11% MoM.

AUTOREFRESH 


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