Forex Market Update : Epic Research Singapore

The Australian dollar rose against the U.S. dollar Monday after a better-than-expected reading on Chinese manufacturing showed a return to expansion.

The Australian dollar AUDUSD +0.04%   rose to 94.19 U.S. cents from 93.89 U.S. cents late Friday. The New Zealand dollar NZDUSD +0.08%   inched up to 87.12 U.S. cents from 86.97 U.S. cents.

The ICE dollar index DXY +0.03%  , which pits the greenback against six other currencies, fell to 80.270 from 80.407 late Friday. The WSJ Dollar Index XX:BUXX +0.01%  , an alternate gauge of dollar strength, fell to 72.98 from 73.12.

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