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Australian Dollar Mixed Despite Support from Economic Data

The Australian dollar was mixed on Thursday despite very positive macroeconomic data, both from Australia and abroad. News from China was especially good as the services sector was expanding with the fastest pace in several years.

AUD/USD Gains After Caixin China Manufacturing PMI

The Australian dollar rallied on the first trading day of 2018 thanks to positive economic data from China. But while the currency managed to hold onto gains versus its US counterpart, the Aussie retreated against other rivals.

Yuan Gains on Dollar After China Releases Set of Solid Economic Indicators

The Chinese yuan gained in the US dollar today following the release of positive macroeconomic data in China.

Yuan Stable Despite Consumer Inflation Missing Expectations

The Chinese yuan was stable today even though consumer inflation data released over the weekend missed expectations.

Australian Dollar Rallies on Economic Data, RBA Statement

The Australian dollar rallied today following good economic reports from Australia and its main trading partner, China. The statement released by the Reserve Bank of Australia following the policy meeting was also relatively helpful to the currency.

New Zealand Dollar Carves out Gains, Defying Disappointing Reports

The New Zealand dollar managed to carve out some gains today, even though macroeconomic data from New Zealand and New Zealand’s major trading partner, China, was not particularly good.

Australian Dollar Mixed Despite Supportive Macroeconomic Data

The Australian dollar was mixed during Thursday’s trading despite supportive macroeconomic data, both domestic and released in the nation’s biggest trading partner, China.

Australian Dollar Lifted by Domestic Data

The Australian dollar stabilized after yesterday’s sell-off, edging a little higher versus the US dollar and the Japanese yen, though continuing to fall against the euro for the fourth straight day. It looks like traders paid more attention to the positive domestic data than to the reports from China, Australia’s biggest trading partner.

Aussie Flat-to-Lower After Australian & Chinese Reports

The Australian dollar traded flat-to-lower today, the same as its New Zealand counterpart, even though macroeconomic reports from China, Australia’s biggest trading partner, were good. Domestic economic data was not so good, though.

Australian Dollar Rallies, Disregarding China’s Trade Data

The Australian dollar rose against most of its major peers even though data from Australia’s main trading partner, China, was a bit disappointing.

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