Tag Archives: Aussie

Yuan, Aussie Dollar Rise as HSBC Reports Strong Chinese PMI Figures

Yuan, Aussie Dollar Rise as HSBC Reports Strong Chinese PMI Figures

DailyFX.com – Talking Points: HSBC China Manufacturing PMI for July Comes in at 52.0 vs. 51.0 Expected, 50.7 Prior China’s Factory Sector Grew for 2nd Consecutive Month After a Soft First Half of 2014 The Chinese Yuan (CNH) And The Australian Dollar Rose After the PMI Data Release The Chinese Yuan and the Australian Dollar
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FX & Equities: Aussie Lower on Employment & Chinese Data

Aussie spiked higher immediately following the release of the June employment data (see table below) as the market reacted to the headline number which showed a larger-than-expected +15.9K gain. AUD/USD, which had been trading around 0.9425 prior to the release, jumped to make session highs of 0.9459 before reversing course and plummeting lower as traders reacted
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Aussie Dollar Gains as Business Confidence Firms, Boosting RBA Outlook

DailyFX.com – Talking Points: • NAB Business Confidence comes in at 8; Prior month 7 • NAB Business Outlook comes in at 2; Prior month -1 • Aussie Dollar appreciates against the US Dollar The Australian Dollar traded higher against its US counterpart as National Australia Bank (NAB) reported its Business Confidence Index and Business
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