Thursday, 02 July, 2020

Yuan Hits Highs As Economy Shows Signs Of Stabilization


The USD/JPY set was down 0.15percent to 108.70.

The AUD/USD set was up 0.17percent to 0.7006 and also the NZD/USD grew up 0.17percent to 0.6736. Both monies have discovered profits in the slide of the dollar.

China’s economy continues to show signs of stabilization.

A reading above 50 indicates growth.

A sub-index that concentrates on orders for export climbed above 50. On the other hand, the non-manufacturing PMI fell to 53.5 out of 54.4.

The GBP/USD was up 0.09percent to 1.3125.

The U.S. dollar index was down 0.06percent to 96.69 from continuing a multi-day slide.

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