![Australian dollar sees marginal gain amid economic downturn signals By Investing.com Australian dollar sees marginal gain amid economic downturn signals By Investing.com](https://shmi.ir/wp-content/uploads/2023/11/1700793859_Australian-dollar-sees-marginal-gain-amid-economic-downturn-signals-By-150x203.jpg)
[ad_1] The Australian Dollar edged slightly higher against the US Dollar today, trading between 0.6550 and 0.6570, marking a slight increase of 0.02%. This modest uptick comes despite concerning indicators of an economic downturn in Australia. The Judo Bank Manufacturing Purchasing Managers’ Index (PMI) has reached a multi-year low, dropping to 47.7. Similarly, the Services