China HSBC Manufacturing PMI rises to 50.1 in August from 47.7

Aug 22, 2013

AUD/JPY struggling for fourth day ahead of Chinese PMI

The AUD/JPY cross has been under pressure since Monday’s bearish reversal and is now just above the recent lows at 86.39.

The Chinese HSBC Manufacturing PMI for the month of August came at 50.1 vs 48.3 exp and 47.7 last.