AUD/USD: Drops 50 pips; Chinese Manufacturing PMI's

AUD/USD is currently trading at 0.7851 with a high of 0.7904 and a low of 0.7835.
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Fed's Williams: Appropriate by mid-year to discuss raising rates

Fed's Williams is crossing the wires, speaking in a video-conference at an event in Sydney, noting that it is appropriate by mid-year to discuss raising rates in the US.
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