AUD/USD Dips Below 0.6900 as China PMI Weakens, USD Gains
China’s manufacturing PMI fell to 51.7 in June, pressuring the Aussie dollar amid sluggish demand and a stronger US dollar. The AUD/USD pair retreated below 0.6900 in Asian trading, erasing earlier gains after China’s private manufacturing PMI slipped to 51.7 in June from