Flash: AUD/USD set to continue rebound - UOB Group

FXstreet.com (Edinburgh) - Market Strategists at UOB Group believe that AUD/USD will continue its rebound.

Key Quotes

“This pair rebounded from 0.9055/60 as expected and will likely con- tinue to edge higher towards 0.9160.”

“Only a break back below 0.9085 will suggests a retest of the 0.9055/60 low.”

United Kingdom November Markit Services PMI decreases to 60 vs 62.5 in October

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UK: Services PMI dips to 60 in November

UK PMI Services fell to 60 points in November, from 62.5 points in October, according to data released today by Markit. This result is below forecasts of a decrease to 62 points.
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