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Australian Dollar Steady as Yuan Wobbles after Chinese CPI and PPI Cools. Lower AUD/USD?

The Australian Dollar holds the high ground after China’s CPI and PPI was below forecasts but the Renminbi eased as hopes tilted toward an easing of conditions. Where to for AUD/USD?

from DailyFX - Market News https://www.dailyfx.com/news/australian-dollar-steady-as-yuan-wobbles-after-chinese-cpi-and-ppi-cools-lower-aud-usd-20221109.html

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