AUD/USD Continues To Track Lower

You have domestic numbers weighing the AUD/USD down as retail sales (down 0.8% from a +0.2% forecast) , job advertisements down 2.3% (not a biggie) and company operating profits down 0.7% vs. a forecast of +1.0%. If we now throw in a weak China HSBC Manufacturing PMI data due out in less than an hour, we could see a further test of the downside below 1.0200. Look out below if the PMI comes in below 47.8 flash.