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March’s preliminary Manufacturing PMI for Australia rose to 52.6, with Services PMI increasing to 51.2
Australia’s Manufacturing PMI rose to 52.6 in March, while Services and Composite PMIs also showed improvement.
Traders increased net long positions in the euro while adjusting their positions on other currencies
Euro net longs surged to 59,425 contracts, while Aussie and kiwi shorts widened and Canadian dollar shorts eased.
The Services PMI for Australia was reported at 51.2, slightly above the previous 50.8
Australia’s Services PMI rose slightly, AUD/USD gained, USD/JPY climbed, gold hit records, and key data approaches.
An adviser to Trump suggested selling gold to finance Bitcoin purchases while remaining budget-neutral
Bo Hines discussed selling Fort Knox gold to fund Bitcoin under Trump’s budget-neutral proposal for a Bitcoin Reserve.
The Composite PMI for Australia rose to 51.3, up from 50.6 reported earlier
