Australian Dollar Recovers After China’s Disappointing Data

May 02,2019 23:45   Source:Earnforex
The Australian dollar demonstrated the same performance as its New Zealand counterpart — rising a bit today after yesterday’s big slump. Unlike the kiwi though, the Aussie did not have negative domestic economic data to explain the decline. Perhaps, the currency continued to fall after disappointing macroeconomic releases in China on Tuesday. Update: currently, the Aussie has lost its gains. Released on April 30, China’s official manufacturing Purchasing Managers’ Index […]

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