Although China’s Caixin Services PMI becomes another activity data to flash positive figures for the dragon nation, AUD/USD remains modestly in loss to 0.6060 amid the early Friday.
Topics in Depth
USD/JPY is relatively bid in Asia despite the risk-off tones circulating which would usually keep the yen underpinned. The spot rallied on solid US stocks and a spike in oil prices overnight.
Gold fails to extend the previous recovery gains amid fresh challenges to risk. Wuhan Chief cited coronavirus resurgence risk, Washington Governor extends lockdown. S&P keeps US rating/outlook intact, expects a recovery in 2021.
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