Market Overview

AUD/USD Little Changed, Australian Services Index Slips

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AUD/USD is trading at 0.7650, down 0.0003.

The pair is trading choppy and just above the session lows.

Market talk about global headline news, economic data and comments from policy makers is making the rounds.

The Australian Industry Group (AIG) Australian services index for January fell to 54.5 from 57.7 in December.

Regionally, China's Caixin January Manufacturing PMI (purchasing managers survey) dipped to 51 versus 51.9 in
December.

Market chatter about the upcoming Reserve Bank of Australia (RBA) policy meeting is showing up.
The RBA is scheduled to release a statement and interest rate decision Monday evening.

Posted-In: AUD/USD Australian dollarFutures Forex Markets

 

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