Asian Session – Aussie rallies on upbeat Chinese PMI data
Posted on April 1, 2015 at 6:32 am GMTThe US dollar was broadly weaker in the Asian session, while the Australian dollar received a boost after forecast-beating Chinese manufacturing PMI data. The greenback fell back below the key 120.00 yen level after a disappointing Bank of Japan Tankan report hurt the Nikkei stock exchange. As a result, the yen gained on risk aversion. The dollar touched a low of 119.40 and remained below the key 120.00 yen level after the quarterly Tankan manufacturing index gave a reading of [..]