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Breaking Posted 2 hours ago

Australia PMI Manufacturing rises to 52.0 in July

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Australia's S&P Global PMI Manufacturing increased to 52.0 in July from 51.7 previously, signaling modest expansion in the sector. The uptick is marginal and remains in expansionary territory above 50. AUD/USD traders should monitor whether sustained manufacturing strength supports RBA hawkish sentiment amid broader USD weakness from Fed dovish repricing.
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1 hour ago

Australia Manufacturing PMI Rises to 52.0 from 51.7

Australia's August manufacturing PMI final reading came in at 52.0, up from 51.7 previously, signaling modest expansion in the sector. The uptick supports continued AUD strength, though modest gains suggest limited catalytic power given current market focus on Fed credibility and USD weakness narratives dominating FX trading.

https://x.com/FirstSquawk/status/2084055974948872524
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