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China's Caixin Manufacturing PMI drops to 50.4 in April vs. 49.9 expected

China's Caixin Manufacturing Purchasing Managers' Index (PMI) fell to 50.4 in April from 51.2 in March, according to the latest data released on Wednesday.

Data outpaced the market forecast of 49.9.

AUD/USD reaction to China’s PMI data

The upbeat Chinese Manufacturing PMI helped the Aussie Dollar maintain its gain, as AUD/USD holds near 0.6400 at the time of writing, up 0.29% the day.

Australian Dollar PRICE Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Euro.

USD EUR GBP JPY CAD AUD NZD CHF
USD 0.12% 0.05% -0.01% -0.02% -0.24% -0.07% -0.05%
EUR -0.12% -0.06% -0.13% -0.13% -0.36% -0.19% -0.15%
GBP -0.05% 0.06% -0.08% -0.07% -0.29% -0.13% -0.10%
JPY 0.01% 0.13% 0.08% -0.01% -0.22% -0.00% -0.01%
CAD 0.02% 0.13% 0.07% 0.01% -0.22% -0.06% -0.02%
AUD 0.24% 0.36% 0.29% 0.22% 0.22% 0.16% 0.19%
NZD 0.07% 0.19% 0.13% 0.00% 0.06% -0.16% 0.03%
CHF 0.05% 0.15% 0.10% 0.01% 0.02% -0.19% -0.03%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

China Caixin Manufacturing PMI registered at 50.4 above expectations (49.9) in April

China Caixin Manufacturing PMI registered at 50.4 above expectations (49.9) in April
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Australian Dollar gains ground following CPI, China's PMI data

The Australian Dollar (AUD) is gaining ground on Wednesday following a more than 0.50% decline against the US Dollar (USD) in the previous session. The AUD/USD pair appreciates following the release of key economic data from Australia and China.
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