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- Asian session: The Australian dollar jumped
Asian session: The Australian dollar jumped
The Australian dollar was up 0.6 percent to $0.7277 helped by stronger-than-expected first quarter economic growth, which pushed it further away from last week's three-month low of $0.7145.
There was little market reaction to the official and private surveys on China's manufacturing activity, whCrude pulled back from eight-month highs reached last week amid expectations that a global glut was easing, falling overnight to profit taking. U.S. crude was last down 0.7 percent at $48.76 a barrel and Brent fell 0.8 percent to $49.51.
ich were roughly in line with expectations, suggesting the world's second-largest economy is still struggling to regain traction.
The Caixin/Markit Manufacturing Purchasing Managers' index (PMI) showed activity at China's factories shrank for a 15th straight month in May. The official manufacturing May PMI painted a slightly more optimistic picture and stood unchanged from the previous month at 50.1
Sterling was on the defensive, last trading little changed at $1.4490 after dropping more than one percent on Tuesday, after polls showing those who support Brexit may be increasing.
EUR / USD: during the Asian session, the pair was trading in the $ 1.1125-35
GBP / USD: during the Asian session, the pair was trading in the $ 1.4465-90
USD / JPY: it fell to Y109.65 in the Asian session, the pair
Based on Reuters materials
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