Aussie Soft due to Risk Aversion, Chinese Data

Jun 01,2019 00:11   Source:Earnforex
As many other currencies, the Australian dollar was soft today due to risk aversion caused by escalating US trade wars. Poor China’s macroeconomic data was not helping to improve the traders’ mood either. China’s official manufacturing Purchasing Managers’ Index fell from 50.1 in April to 49.4 in May, missing the average forecast of 49.9. The indicator was below the neutral 50.0 level, indicating contraction of the sector. The non-manufacturing PMI was […]

沪ICP备13043996号-3  TradeQQ Media Group 汇讯通