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AUD/USD higher - stronger yuan fix, good jobs report

Eamonn Sheridan
20/07/2023 | 01:34 GMT

AUD/USD has jumped higher with supportive news from China (boosting the yuan)

  • PBOC sets USD/ CNY reference rate for today at 7. 1466 (vs. estimate at 7.2233)
  • PBOC eases cross-border funding

And also from Australia:

  • Australia (June ) Jobs +32.6K (vs. +15K expected) & Unemployment rate 3.5% (vs. 3.6% exp)
audusd china jobs report 20 July 2023

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