Markit/Caixin — News Archive

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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.

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 Gains, Getting Boost from China Manufacturing PMI

The Australian dollar rose against its major rivals today. Perhaps, decent economic data from Australia’s biggest trading partner, China, helped the currency as domestic reports were far from good.

Australian Dollar Trades Lower After China’s Services PMI Disappoints

The Australian dollar traded a bit lower today following the release of disappointing macroeconomic data for China.

Australian Dollar Holds Ground After China’s Data, Ahead of RBA Meeting

The Australian dollar was stable against some of its rivals and rose versus the major European currencies today, getting some boost from positive macroeconomic reports released in Australia’s main trading partner, China, over the weekend.

Private Data Confirms Growth of China’s Manufacturing, Yuan Gains

Today’s private report confirmed yesterday’s official data that showed an improvement of China’s manufacturing sector. That allowed the Chinese yuan to appreciate even as China’s central bank set the daily fixing weaker.

Chinese Yuan Strengthens as Manufacturing Growth Accelerates

The Chinese yuan edged higher against the US dollar after a private report showed that expansions of the nation’s manufacturing sector accelerated last month.

Australian Dollar Gains Even as China’s Services PMI Disappoints

The Australian dollar rallied today despite unfavorable services data for China, Australia’s biggest trading partner. By now, the Aussie has lost its gains versus the US dollar but continued to trade above the opening level versus other most-traded rivals.

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