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Australian Dollar Unfazed by Chinese PMI as RBA Meeting Shifts Into View 2021-03-01 02:12:00 Daniel Moss, Analyst Australian Dollar, Caixin PMI, RBA, Bond Yields, Yield Curve Control – Talking Points: The Australian Dollar briefly drifted lower on the back of disappointing PMI figures out of China. The RBA’s attempt to stifle the sell-off in local government bonds may have little impact on AUD. AUD/USD poised to extend rebound as price surges away from key support. Advertisement Australian Dollar Unfazed by Disappointing Chinese PMI The Australian Dollar drifted marginally lower after Chinese Caixin PMI figures undershot market expectations of a 51.4 print in February, coming in slightly lower at 50.9. Manufacturing and non-manufacturing PMI figures released over the weekend also highlighted a notable slowdown in China’s economic recovery. ....