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Australia Producer Price Index (YoY) below forecasts (1.3%) in 2Q: Actual (-0.4%)

AUD/USD: Bulls catch a breather around 0.7200 despite upbeat China PMI

AUD/USD eases to 0.7205, up 0.15% on a day, during the early Friday. The pair recently surged to the highest since February 2019 while touching 0.7215
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Australia Producer Price Index (QoQ) came in at -1.2%, below expectations (0.3%) in 2Q

Australia Producer Price Index (QoQ) came in at -1.2%, below expectations (0.3%) in 2Q
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