AUD/USD gains some ground on weak US data, outlook still negative

On Thursday, the AUD/USD pair traded near 0.6520, marking a gain of 0.40% mainly driven by the report of weak economic data from the United States (US).
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New Zealand's Business NZ PMI recovers to 47.3 from 43.1, but remains in contraction territory

New Zealand's Business NZ Purchasing Manager's Index (PMI) climbed to 47.3 in January, but still remains stuck in contraction territory after a meager lift from the previous month's 43.1.
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