China’s RatingDog Services PMI rises to 52.6 in April
China's Services Purchasing Managers' Index (PMI) rose to 52.6 in April from 52.1 in March, the latest data published by RatingDog showed on Wednesday.
AUD/USD reaction to China’s Services PMI
The Chinese proxy, the Australian Dollar (AUD), edges slightly higher following the Chinese data, with AUD/USD gaining 0.66% on the day to 0.7230, as of writing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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