AUD/USD trades at 0.6970 as the Australian Dollar finds support from China's services PMI data, snapping a two-day losing streak for the pair.
AUD/USD is trading around 0.6970 on Wednesday, holding gains after two days of losses, as the Australian dollar strengthens following China's RatingDog Services PMI data. China is Australia's key trading partner, so the data supports AUD, but the article gives no PMI figure, limiting conviction.
Around 0.6970 during Asian hours on Wednesday.
Following economic data from China, Australia's key trading partner.
The Australian Dollar maintains its upward momentum, trading near 0.6970 during Wednesday's Asian session. The currency pair recovers from a two-day decline, bolstered by positive economic sentiment stemming from China's latest services sector data.
The AUD/USD pair is trading around 0.6970 during Asian market hours on Wednesday.
The currency is benefiting from positive economic data released by China, which is Australia's primary trading partner.