Aussie rises due to positive Chinese PMI data

Source: Investing.com
© Scanpix/AFP
The Australian Dollar advanced as its main trading partner China had positive results in the preliminary PMI and showed a possible turnaround for the economy. The AUD/USD pair gained 0.13% and was trading at 0.9469 after the data had come out. Simultaneously, the NZD/USD went down 0.60% to 0.8621 after the RBNZ raised its OCR to 3.5%.

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