Aussie rebounds from decade lows versus greenback

Economies.com
2019-01-07 04:54AM UTC

Australian dollar tilted higher in Asian trade off March 2009 lows against its US counterpart, following earlier manufacturing data from Australia and ahead of US data. 

 

As of 04:47 GMT, AUD/USD rose 0.27% to 0.7132, with an intraday high at 0.7138, and a high at 0.7110. 

 

Earlier Australian dollar showed an index tracking the manufacturing sector down to 49.5 from 51.3 in November. 

 

Now investors await US data on the ISM services PMI, expected to have slipped to 59.6 in December from 60.7. 

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