The AUD/USD opened at $0.8177 this morning and edged up to a high of $0.8187 following yesterday’s China CFLP PMI reading, which was although below the previous month’s outcome, remained in expansion territory. Aussie-dollar failed to make further progress beyond there as the US dollar also continued to climb against the euro and the yen. Despite the pullback, aussie-dollar was marginally supported off $0.8130 through much of the morning. It fell through late in the Asian morning for a low of $0.8127 but only briefly. The aussie recovered after that and last trades at $0.8131 ahead of the European session later.
