Australian Dollar flatlines below 0.7200 as US-Iran talks continue, China PMI looms
The post Australian Dollar flatlines below 0.7200 as US-Iran talks continue, China PMI looms appeared on BitcoinEthereumNews.com. The AUD/USD pair holds steady around 0.7185 during the early Asian trading hours on Monday. Traders continue to assess the developments surrounding the US-Iran peace negotiations. Also, China’s RatingDog Manufacturing Purchasing Managers Index (PMI) report for May will be released later on Monday. Iranian Foreign Minister Abbas Araghchi said on Sunday that talks and message exchanges with the US were ongoing, but highlighted that no assessment of negotiations could be made until a clear outcome was reached. “Talks and message exchanges are ongoing, and until a definite result is reached, it is not possible to judge,” said Araghchi. “Everything being said now is speculation and should not be given importance,” he added. Meanwhile, Iran’s parliament speaker and top negotiator, Mohammad Bagher Ghalibaf, stated that Tehran will not accept any deal with Washing