Mirabile dictu! The PMI moves the Australian dollar!

See the latest Australian dollar analysis here:

Macro Afternoon

Is that a small dump in the Aussie on the PMI?

Nah, just a general risk off move.

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Comments

  1. I shorted AUD at 9pm last night and she started to really go at 1am. By 8am it had fallen 0.3% and you are correct, the PMI did push it down anther 0.3% but it has bounced back now 0.3%.

    Risk yo-yo.