{"id":77070,"date":"2015-08-19T02:16:21","date_gmt":"2015-08-19T06:16:21","guid":{"rendered":"http:\/\/countingpips.com\/?p=77070"},"modified":"2015-08-19T07:21:05","modified_gmt":"2015-08-19T11:21:05","slug":"aud-weighed-down-as-chinese-stock-markets-extend-slide","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/08\/aud-weighed-down-as-chinese-stock-markets-extend-slide\/","title":{"rendered":"AUD weighed down as Chinese stock markets extend slide"},"content":{"rendered":"<div id=\"inves-2234234193\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 19, 2015<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p>Article by <a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/p>\n<p>The Australian dollar was hurt by concerns over China after a sharp tumble of Chinese stock markets on Tuesday and again extended the slide again on Wednesday. Markets are worried over slowing growth in China.<\/p>\n<p>The aussie was weighed down by the Chinese share market volatility and traded down to around US73.30 cents, down from yesterday\u2019s high of US73.85 cents. It touched a one-week low of 73.14 cents at one point today. Meanwhile, the firmer greenback due to the prospects of a Fed rate hike next month are also keeping the AUD down.<\/p>\n<p>Focus is on US inflation data and the minutes of the Federal Reserve\u2019s July meeting due later in the day for clues on when the Fed will start raising interest rates.<\/p>\n<p>The US dollar eased 0.2 percent against a basket of major currencies to 96.861. Against the yen, the dollar held steady at 124.35 yen.<\/p>\n<p>The euro rose 0.3 percent to 1.1050, inching away from a one-week low near 1.1016 that had been set on Tuesday.<\/p><div id=\"inves-1199457134\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>Sterling held steady at 1.5669. It had set a seven-week high of 1.5717 on Tuesday after UK inflation data bolstered bets that the Bank of England will raise interest rates in coming months.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-54242 alignleft\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2014\/07\/Forex-Time-Logo.png\" alt=\"Forex-Time-Logo\" width=\"262\" height=\"90\" \/><strong>Article by <span style=\"text-decoration: underline;\"><a href=\"http:\/\/countingpips.com\/contributors\/contributor-profile-forextime\/\">ForexTime<\/a><\/span><\/strong><\/p>\n<p><strong>ForexTime Ltd (FXTM)<\/strong> is an award winning international online forex broker regulated by CySEC 185\/12 <a href=\"http:\/\/www.forextime.com\" target=\"_blank\">www.forextime.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Article by ForexTime The Australian dollar was hurt by concerns over China after a sharp tumble of Chinese stock markets on Tuesday and again extended the slide again on Wednesday. Markets are worried over slowing growth in China. The aussie was weighed down by the Chinese share market volatility and traded down to around US73.30 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-77070","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=77070"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77070\/revisions"}],"predecessor-version":[{"id":77092,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/77070\/revisions\/77092"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=77070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=77070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=77070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}