The AUD/NZD has declined three-quarters of a percent on Wednesday, heading into the trading day’s close near 1.0750 after backsliding nearly 1.3% peak-to-trough from the day’s peak at 1.0861.
<p>Australia’s August PMI data showed a concerning decline across sectors. The Manufacturing PMI slightly decreased from 49.6 to 49.4, while Services PMI dropped to a 19-month low of 46.7.
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