Aussie slid on CPI weakness


(MENAFN– ecpulse)

Australian dollar fell to the most in week after the nation’s CPI weakness, where consumer prices unexpectedly slowed, while China’s manufacturing showed a persist weakness in Asia’s largest economy.

Moreover, the Australian dollar slid 0.6% versus its counterpart American dollar, where the AUD/USD pair currently traded near 0.93033 from low of 0.92945 and high of 0.93760, where the pair started today’s session at 0.93687.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.