The Australian dollar has snapped a three-day rally on Thursday. In the European session, AUD/USD is trading at 0.6266, down 0.27% on the day. After sliding to a 5-year low on Monday, the Aussie has recovered and gain 0.9% this week.
Australia's PMI stronger than expected
It's been a good week for Australian PMIs. On Monday, Manufacturing PMI climbed back into positive territory in January and rose to a revised 50.2
06-02-2025 07:11 GMT
by Kenneth Fisher