China’s RatingDog Services PMI declines to 52.0 in December
China's Services Purchasing Managers' Index (PMI) declines to 52.0 in December from 52.1 in November, the latest data published by RatingDog showed on Monday.
AUD/USD reaction to China’s Services PMI
The Chinese proxy, the Australian Dollar (AUD), remains weak following the Chinese data, with AUD/USD losing 0.15% on the day to 0.6685, as of writing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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