November 23, 2023 BY Simon Mugo
AUDUSD Edges Higher on Chinese Optimism Despite Weak Aussie PMIs
These declines pushed these sectors further into contractionary territory. Furthermore, the impact of the Reserve Bank of Australia's (RBA) meeting minutes still lingers, as the board reiterated concerns about inflation and the potential for future interest rate hikes. Despite these setbacks, there was a glimmer of positivity for the Australian dollar from China. Beijing's announcement…
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