AUD/USD pressured by two Chinese issues

AUD/USD is trading around 0.7150, limited by Chinese news.  US GDP and further US data are eyed. The technical picture is worsening for the pair. AUD/USD trades in the mid-0.7100s, struggling to recover. Worries come from China, Australia’s No.1 trading partner. The official Chinese purchasing managers’ indices both missed expectations with the manufacturing PMI contracting […]

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