AUD Markets News 

Dollar a tad softer ahead of European markets open

“It’s a bit more of a quiet start to the day but commentary coming out of China in support of its economy is helping to boost risk sentiment in Asia and that is helping to give the aussie and kiwi a lift higher as well” reports The dollar is sitting at the bottom of the major currencies bloc as it reverses overnight gains with the Chinese yuan also holding steady against the greenback in light of the same reasoning above for the aussie and kiwi. Meanwhile, the yen is nearly flat on the day against the dollar as it balances out the BOJ weakening its economic outlook on exports and production and a report that North Korea is considering to suspend talks with the US on denuclearisation.

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