The Australian dollar fell today amid mixed macroeconomic data released over the trading session in Australia and its major trading partner, China. Risk aversion caused by trade wars between the United States and their allies also hurt the currency. The Australian Industry Group Australian Performance of Manufacturing Index fell to 57.5 in May from 58.3 in April. The Index of Commodity Prices reported by the Reserve Bank of Australia rose 3.6% in May from … “Australian Dollar Lower amid Mixed Data, Trade Wars”
