The post Australia’s S&P Global Manufacturing PMI steadies at 52.0 in August appeared on BitcoinEthereumNews.com.
The preliminary reading of Australia’s S&P Global Manufacturing Purchasing Managers Index (PMI) came in at 52.0 in August versus 52.0 prior, the latest data published by S&P Global showed on Friday. Australia’s S&P Global Services PMI declined to 52.9 in August from the previous reading of 53.6, while the Composite PMI fell to 52.5 in August versus 53.2 prior. Market reaction The preliminary reading of Australia’s PMI data for August has little to no impact to the Australian Dollar (AUD). The AUD/USD pair holds negative ground near 0.7115. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the British Pound. USD EUR GBP JPY CAD AUD NZD CHF USD -0.06% -0.23% 0.51% -0.18% 0.12% -0.21% 0.32% EUR 0.06% -0.17% 0.58% -0.08% 0.17% -0.16% 0.40% GBP 0.23% 0.17% 0.74% 0.06% 0.34% 0.02% 0.54% JPY -0.51% -0.58% -0.74% -0.67% -0.38% -0.72% -0.19% CAD 0.18% 0.08% -0.06% 0.67% 0.30% -0.03% 0.49% AUD -0.12% -0.17% -0.34% 0.38% -0.30% -0.32% 0.19% NZD 0.21% 0.16% -0.02% 0.72% 0.03% 0.32% 0.54% CHF -0.32% -0.40% -0.54% 0.19% -0.49% -0.19% -0.54% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote). Australian Dollar FAQs One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another key driver is the price of its biggest export, Iron Ore. The health of the…
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