AUD: March manufacturing PMI surged to the highest since 2004 – TDS

By FXStreet Research Team at TDS, notes that the Australian March manufacturing PMI surged to the highest since 2004 to 58.1.

Key Quotes

“Historically the market has viewed this as a lower tier release, but this strength is hard to ignore. New Orders +9 points, employment +6. All price sub-components were flat while average wages dropped 4 points, zero wages pressure.”
For more information, read our latest forex news. …read more

Source:: FX Street