The AUD dove following a sub-forecast China PMI reading for manufacturing, which plunged to a preliminary 48.2 in July, well short of projections for a modest erosion following the final 49.4 in June. AUD-USD hit a six-year low of 0.7269 after declining almost a whole big figure, subsequently recouping to the 0.7300 area but remaining net lower for the day. Weaker commodity prices this week had already been weighing on the Aussie. Elsewhere, the other commodity bloc currencies and most dollar pairings held mostly in narrow ranges.
from RSS Feed http://ift.tt/1HWUW2P
via IFTTT
No comments:
Post a Comment