AUD/USD remains flat below 0.6450, eyes on US PMI ahead of RBA rate decision
Notícias do Bitcoin Ethereum AUD/USD remains confined near 0.6430 amid the USD demand. The annual Core PCE Price Index rose 3.9% vs. 4.3% prior, the monthly figure grew 0.1% vs. 0.2% prior. Chinas manufacturing PMI grew into positive territory. Traders await the US ISM Manufacturing PMI ahead of the Reserve Bank of Australia (RBA) rate decision on Tuesday. The AUD/USD pair trades sideways below the mid-0.6400s during the early Asian session on Monday. The Australian Dollar (AUD) sell-off pauses due to the upbeat Chinese PMI data. However, the stronger UD Dollar (USD) might cap the upside of the pair. AUD/USD currently trades around 0.6430, losing 0.05% on the day. On Friday, the US Bureau of Economic Analysis revealed that the Personal Consumption Expenditures (PCE) Price Index climbed 3.5% YoY in August from 3.4% in July, meeting market expectations. Meanwhile, the annual Core PCE Price Index, the Federal Reserve‘s preferred inflation indicator, rose 3.9% from 4.3% in July, in line with expectations. On a monthly basis, the PCE Price Index and the Core PCE Price Index rose 0.4% and 0.1% MoM, respectively. Both of these figures fell short of experts’ expectations. Following Fridays session, the US passed bills to prevent a government shutdown, extending funding until November 17th.