Story perspectives
AUD Rises Amid Positive PMI Data from Australia, China
1/6/2025
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Story summary
- The Australian Dollar (AUD) strengthened as the Judo Bank Composite PMI rose to 50.2 in December.
- China's Caixin Services PMI increased to 52.2, signaling robust growth in the services sector.
- Japan's PMIs were revised downward, indicating a dovish stance from the Bank of Japan.
- Positive economic data continues to bolster the AUD against the US Dollar.
