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AUD/USD: Aussie Dollar Under Increased Pressure from Weak China’s Manufacturing Data

AUD/USD: Aussie Dollar Under Increased Pressure from Weak China’s Manufacturing Data
Australian dollar fell to new multi-month low in early Wednesday, after coming under increased pressure from risk aversion and slowdown in Chinese factory activity. China’s manufacturing PMI fell to 48.8 in May vs 49.2 contraction in April and well below 51.4 forecast, with deeper drop below 50 level which divides growth from contraction, adding to […] The post AUD/USD: Aussie Dollar Under Increased Pressure from Weak China’s Manufacturing Data appeared first on Action Forex... Read More
Posted: May 31 2023, 09:42
Author Name: actionforex
Views: 102228

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