The USD is broadkly lower, just a touch, here in Asia morning trade.
AUD is a beneficiary, but not the only one. EUR, NZD, GBP ... all higher for the morning.
AUD data just out, PMIs moving further into expansion:
The USD is broadkly lower, just a touch, here in Asia morning trade.
AUD is a beneficiary, but not the only one. EUR, NZD, GBP ... all higher for the morning.
AUD data just out, PMIs moving further into expansion:
Most Popular
Sponsored
RBA's Michele Bullock, Governor, Sarah Hunter, Assistant Governor (Economic), and Christopher Kent, Assistant Governor (Financial Markets) will all speak in Australia's parliament today. None will be dovish.
Trump pumping the market after the close - says Iran pretty close to signing
investingLive Asia-Pacific FX news wrap: Gulf escalation, yen jitters, & biggest IPO ever
The US proposed tariffs of at least 10% on imports from around 60 countries under a Section 301 forced-labour probe, with higher 12.5% levies targeting China, India, Japan and others.
Australia's Q1 GDP rose 0.3% q/q and 2.5% y/y, both below forecasts, as a surge in data centre and fuel imports wiped 0.8 percentage points from growth despite strong domestic demand.
China's services PMI rose to 54.4 in May from 52.6, the fastest expansion in three months, with new orders growing for a 41st straight month and employment returning to growth.
Data for Australian economic growth in the January - March quarter of 2026. GDP 0.3% q/q expected 0.5%, prior 0.8% GDP 2.5% y/y expected 2.7%, prior 2.6% Rising rates and war impacts will bite harder in Q2.
Sponsored
Must Read