China MNI Business Sentiment Indicator down to 50 from previous 50.5

For more information, read our latest forex news.

May 19, 2016

AUD/USD drops to fresh 11-week lows on poor Aus jobs data

The AUD/USD pair came under fresh selling pressure and dropped further to test 0.72 handle on the Australian jobs report, before recovering some ground amid mix

Moody's lowers 2016 growth forecast for US to 2% vs. 2.3% previous

The latest review on the global growth as well as on the US economy from Moody's Global Credit Research showed that the global growth is expected to remain mute