As the markets prepare for the influx of more global PMI data, the repercussions of the first and most recent – China – are already being felt in the Aussie Dollar which fell some 0.7% against the greenback. With the release of China’s Flash PMI data for March, with a reading which fell to 48.1 from 49.6, the Australian Dollar continues to be buffeted against its major rivals. On OpenBook, sentiment for the AUD/USD pair is primarily bullish; as of this writing the pair is trading at 1.0405, well off the overnight low of 1.0379. Read more
