Mar 1, 2013
Forex: AUD/USD little moved around 1.0220
Aussie is not catching up enough steam so far, following both PMI China data, the official and the final HSBC one. Both of them came in in line with expectations, being the official one 0.01 lower than expected, while HSBC came in exactly as the previous one at 50.4. Probably more worried on US “sequester”, that will take place automatically in about 2 hours time when midnight strikes in NY, as “Congress on Thursday abandoned efforts to avert the cuts and left town for the weekend,” said the Washington Post.
Baca lagi
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