Some Positive China News as PMI Beats Expectations: AUD/USD
Today’s Chinese Private PMI has come in above expectations in what marks one good news story finally.
Rowan Crosby•Friday, March 1, 2019•1 min read

Today’s Chinese Private PMI has come in above expectations in what marks one good news story finally.
The Private Manufacturing PMI came in at 49.9 with the expected number being 49.5 so finally a decent result.
This, of course, comes on the back of the official data which missed expectations and weighed on markets.
AUD/USD Higher
The news has seen a bit of an uptick in the AUD/USD.
Currently, the AUD/USD is slightly higher on the session but is still well under the 0.7200 level.
Price is holding 0.7100, but given the strength in the USD that we saw overnight, there could well be some follow through here from the Greenback.

- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Rowan Crosby
Asia-Pacific Analyst
Rowan Crosby is a professional futures trader from Sydney, Australia. Rowan has extensive experience trading commodities, bonds and equity futures in the Asian, European and US markets. Rowan holds a Bachelor of Finance and Economics degree and is focused heavily on Investment Finance and Quantitative Analysis.
Related Articles
Comments
0
0
votes
Article Rating
Subscribe
Login
Please login to comment
0 Comments
Oldest
Newest
Most Voted
Inline Feedbacks
View all comments
Sidebar rates
HFM
Related Posts
Doo Prime
XM
Best Forex Brokers
