AUD/USD ignores strong China Services PMI ahead of RBA rate decision

AUD/USD pauses pullback from intraday top of 0.7662 around 0.7650 during early Tuesday. In doing so, the Aussie pair takes clues from China’s Caixin Services PMI data for March but cautious sentiment ahead of the RBA probes the recovery moves. China’s Caixin Services PMI differs from the Caixin Manufacturing PMI while rising to 54.3 versus 51.7 market consensus and 51.5 previous readouts. Earlier in the day, Australia’s March month ANZ Job Advertisements grew past-7.2% prior (revised to 8.8% afterward) to 7.4%. Read: China’s Caixin Services PMI unexpectedly jumps to 54.3 in March, AUD/USD uninspired Other than … (full story)

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