AUD/USD fails to cheer China-linked positives as US Dollar rebounds ahead of Fed Powell’s speech
AUD/USD takes offers to snap two-day uptrend, extends pullback from four-month high. Improvement in Aussie-China
Financial and Business News
AUD/USD takes offers to snap two-day uptrend, extends pullback from four-month high. Improvement in Aussie-China
China’s National Development and Reform Commission (NDRC) allowed three central government-backed utilities and its top
China’s Caixin Services PMI for December arrived at 48.0 vs. 47.5 expected and 46.7 prior, showing that the country’s
According to a survey conducted by the World Economics Survey, China’s Business Confidence Index dropped to
China’s November Retail Sales YoY, slumped 5.9% vs. 3.6% expected and -0.5% previous while the country’s Industrial
NZD/USD regains some positive traction on Tuesday amid a modest USD downtick. A positive risk
USD/CNY trades slightly below the 7 level. In the view of economists at Commerzbank, the
China’s Consumer Price Index (CPI) softened to 1.6% in November on an annualized basis when
China’s Trade Balance for November, in Chinese Yuan terms, came in at CNY494.3 billion versus
AUD/USD regains some positive traction and draws support from a combination of factors. The easing