China's Caixin Manufacturing Purchasing Managers' Index (PMI) increased to 51.1 in March, as against the expansion of 50.9 in February, according to the latest data released on Tuesday.
China's Caixin Manufacturing Purchasing Managers' Index edged higher to 51.1 in March, as against the expansion of 50.9 in February, according to the latest data releasedon Tuesday. The reading beat the market forecast of 51.0 in the reported month. Key highlights Production expands at most pronounced pace in ten months. Business confidence rises to highest in just under a year. Selling prices fall at fastest pace since last July amid lower costs.
February’s 51.4. AUD/USD reaction to China’s PMI data The uptick in the ChineseManufacturing PMIfails to impress the Aussie Dollar, asAUD/USD clings to gains at 0.6525, at the time of writing, up 0.08% on the day. Australian Dollar price today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Pound Sterling. USD EUR GBP CAD AUD JPY NZD CHF USD 0.03% 0.06% 0.05% 0.10% -0.06% 0.00% 0.02% EUR -0.
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