Markit/Caixin — News Archive

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Australian Dollar Mixed, Fundamentals Don’t Help to Find Direction

The Australian dollar was mixed today, trading basically flat against its US counterpart, rising against the euro, but falling versus the Japanese yen. Fundamentals, which were mixed themselves, did not help the currency to find a direction.

Chinese Yuan Finding Direction on Record Household Debt, Stalling Manufacturing Growth

The Chinese yuan is struggling to find direction midweek after new data questioned if the world’s second-largest economy is healthy enough to sustain its trade war with the US. Manufacturing growth stalled in September, household debt surged to a record high in 2017, and the government showed that it is willing to slash its import tariffs in the global trade dispute.

Aussie Little Changed Following Mixed Macroeconomic Data

The Australian dollar was mostly flat against its most-traded rivals today following macroeconomic releases. While domestic data was largely positive, reports released from China, Australia’s biggest trading partner, over the weekend were mixed.

NZ Dollar Stands Firm in Face of Overwhelmingly Negative Data

The New Zealand dollar was relatively firm today. That is surprising considering that macroeconomic data was overwhelmingly negative to the currency.

Australian Dollar Logs Small Gains During Friday’s Trading

The Australian dollar traded higher against most of its major peers today, though gains were marginal. Friday’s macroeconomic data was mixed, failing to provide the currency any meaningful boost.

Australian Dollar Trades Weakest on Monday

The Australian dollar was the weakest currency on the Forex market during the current trading session, falling against all other most-traded rivals. The most likely reason for that was the persisting fears of trade wars between the United States and their trading partners. Macroeconomic releases on the weekend and Monday were mixed, giving the currency no reason to go in one direction or the other.

Australian Dollar Lower After RBA, Macroeconomic Data

The Australian dollar retreated against its most-traded peers today after the monetary policy meeting of the Reserve Bank of Australia. Mixed macroeconomic data did not provide support to the currency.

Australian Dollar Lower amid Mixed Data, Trade Wars

The Australian dollar fell today amid mixed macroeconomic data released over the trading session in Australia and its major trading partner, China. Risk aversion caused by trade wars between the United States and their allies also hurt the currency.

Aussie Rallies on RBA Statement & China’s Data, Unable to Keep Gains

The Australian dollar rallied intraday, lifted by the optimistic outlook for the nation’s economy and positive macroeconomic data from China. Yet the currency was unable to preserve gains, falling to the opening level against some rivals and below it against others by now.

AUD Hangs Above Opening, Getting Boost from China’s Manufacturing

The Australian dollar was rising today, getting boost from a decent macroeconomic report about China’s manufacturing sector. While the currency has retreated from its daily highs by now, it is still trading above the opening level.

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