AUD/USD higher – stronger yuan fix, good jobs report

<p>AUD/USD has jumped higher with supportive news from China (boosting the yuan)</p><ul><li><a href="https://www.forexlive.com/centralbank/pboc-sets-usd-cny-reference-rate-for-today-at-7-1466-vs-estimate-at-72233-20230720/" target="_blank" rel="follow" data-article-link="true">PBOC sets USD/ CNY reference rate for today at 7. 1466 (vs. estimate at 7.2233)</a></li><li><a href="https://www.forexlive.com/news/pboc-eases-cross-border-funding-20230720/" target="_blank" rel="follow" data-article-link="true">PBOC eases cross-border funding</a></li></ul><p>And also from Australia:</p><ul><li><a href="https://www.forexlive.com/news/australia-june-jobs-326k-vs-15k-expected-unemployment-rate-35-vs-36-exp-20230720/" target="_blank" rel="follow" data-article-link="true">Australia (June ) Jobs +32.6K (vs. +15K expected) &amp; Unemployment rate 3.5% (vs. 3.6% exp)</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.