Upbeat China services PMI pushes AUD/USD above 0.71
AUD/USD makes fresh session high above 0.71 following the release of an above forecast China services PMI number. Upbeat Aussie data released earlier today coupled with talk of US- China closing on a trade deal and risk-on action in equities could keep the AUD better bid during the day ahead.
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GBP/USD recovers on Brexit optimism/risk-on, all eyes on UK services PMI
The GBP/USD pair is on the bids near 1.3140 ahead of the London open on Wednesday. The quote recovered as news report signaling an end to Brexit deadlock and a likely trade deal between the US and China pleased buyer.
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Dollar’s advance stalls as U.S. yields bounce slows
The dollar was steady against its peers on Wednesday, at the recent bounce in U.S. bond yields stalled on increasingly dovish from global central banks.
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British Pound Gains on Cross-Party Brexit Deal Path, JPY May Fall
The British pound outperformed against its major counterparts on the latest Brexit developments.
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