Published: 2024-05-06T04:19:06.000Z
AUD/USD flows: Proxy supported
FX Analyst
4
Chinese PMI and Equities positive
The Chinese Caixin PMI both stayed in expansion for service and composite. The reopening of Chinese equity markets also see a vibrant start for the week. This helped the Aussie to overcome the USD strength dragged by USD/JPY.
AUD/USD is trading 0.04% higher at 0.6611.