New South Wales has executed a ban for its people not to travel to Melbourne, as well for hoteliers not to receive people from Melbourne in view of the rising number of cases in Melbourne. In Melbourne, a total of 233 positive cases have been recorded since last Thursday, and currently more than 30 Melbourne neighbourhood are under lockdown until July 29. Melbourne is Australia’s second biggest city and is currently seeing a resurgence after lockdowns were eased.
Regardless, positive Chinese PMI data has offset the more negative news regarding the rising number of Coronavirus from Malaysia as AUD/USD clings to gains near five day highs of 0.6917.
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