China’s RatingDog Manufacturing PMI falls to 50.8 in March vs. 51.6 expected
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) dropped to 50.8 in March from 52.1 in February, the latest data published by RatingDog showed on Wednesday.
The market forecast was for a 51.6 reading.
AUD/USD reaction to China’s PMI data
At the time of writing, the AUD/USD pair is trading 0.30% higher on the day, holding near 0.6915.
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