The Australian Dollar (AUD) retraces its recent losses on Monday, possibly bolstered by positive Chinese Purchasing Managers Index (PMI) figures.
Australian Dollar gains ground on encouraging Chinese PMI data. RBA Meeting Minutes are awaited to be released on Tuesday. Chinese Manufacturing PMI came in at 51.1, against the expected 51.0 and 50.9 prior. US Dollar faces challenges after dovish remarks from Fed Chair Powell. The Australian Dollar retraces its recent losses on Monday, possibly bolstered by positive Chinese Purchasing Managers Index figures.
07% -0.01% 0.02% EUR -0.01% 0.03% 0.04% 0.08% -0.06% -0.05% -0.02% GBP -0.05% -0.02% 0.00% 0.03% -0.13% -0.06% -0.05% CAD -0.05% -0.02% -0.01% 0.05% -0.12% -0.07% -0.04% AUD -0.10% -0.05% -0.05% -0.08% -0.18% -0.12% -0.09% JPY 0.06% 0.12% 0.10% 0.11% 0.17% 0.03% 0.08% NZD 0.01% 0.04% 0.04% 0.07% 0.12% -0.07% 0.02% CHF -0.01% 0.03% 0.06% 0.05% 0.10% -0.08% -0.01% The heat map shows percentage changes of major currencies against each other.
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