Feb 20, 2014
AUD/USD reversing the reverse
AUD/USD’s fall out on the Chinese PMI disappointment had no follow through overnight and the pair had managed a pull back towards the 0.9000 post hitting a weekly low through 0.8940. A series of US data has taken the attention of traders, which came mostly in line except for the up side surprise in the Markit Manufacturing PMI that currently see’s the pair offered through 0.8960.
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