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Published: 2024-05-03T05:56:36.000Z

AUD/USD flows: Solid PMI

byCephas Kin Long Yung

FX Analyst
1

Australian service PMI solid in expansion at 53.6

Chinese and Japanese market are closed, Hong Kong equity indexes are in the green while U.S. three major equity indexes are performing individually. The Australian Service PMI are in solid expansion and continues the health of Australian economy.

AUD/USD is benefiting from broad weakness and is trading 0.21% higher at 0.6580.

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Topics
Foreign Exchange
Flows
AUD/USD-Commentary

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