AUD/USD holds near session lows after upbeat China Caixin PMI.
The anti-risk sentiment seen in equities is likely keeping the AUD under pressure.
RBA's minutes said the policymakers have a low appetite for negative rates.
AUD/USD is struggling to draw bids on the back of a better-than-expected C
Markets are generally directionless in Asian session today. Strong rebound in China PMIs somewhat fails to lift sentiments. As the origin of the coronavirus pandemic, China could be the first country to come out of it. Yet, one month of data is insufficient to confirm recovery, as the world is still
AUD - Australian Dollar
The Australian Dollar remained largely range bound through trade on Monday, despite broader USD gains and month end rebalancing. The AUD bounced between intraday lows at 0.6112 and session highs at 0.6180, largely holding onto the gains won throughout last week. The Federal g
Market confidence waned after the best week in decades, USD/JPY may continue to move lower
US stock-index futures, global equities and oil prices fell after a roller-coaster ride last week that marked the Dow Jones Industrial Average’s biggest weekly gain since 1938.
Monday’s decline came after the