Australian Dollar pares gains after lower China’s PMI, US PCE eyed

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Australian Dollar pares gains after lower China’s PMI, US PCE eyed
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The Australian Dollar (AUD) trimmed its gains after the release of lower-than-expected NBS Purchasing Managers Index (PMI) data from China on Friday.

The Australia n Dollar depreciated as China's Manufacturing PMI fell to 49.5 in May. The AUD could appreciate due to the hawkish sentiment surrounding the RBA hiking rates again. US Dollar rebounds despite the lower US Treasury yields ahead of Core PCE on Friday. The Australia n Dollar trimmed its gains after the release of lower-than-expected NBS Purchasing Managers Index data from China on Friday.

AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of the Australian Dollar against listed major currencies today. The Australian Dollar was the weakest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD 0.11% 0.03% -0.02% -0.06% -0.23% -0.17% -0.05% EUR -0.07% -0.06% -0.10% -0.13% -0.30% -0.24% -0.13% GBP -0.03% 0.06% -0.05% -0.08% -0.26% -0.19% -0.08% CAD 0.02% 0.11% 0.05% -0.04% -0.21% -0.14% -0.04% AUD 0.06% 0.13% 0.08% 0.04% -0.17% -0.

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