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Indonesia News Portal for Traders | Financial & Business Updates

31 July 2025 09:55  |

Australian Dollar holds ground following release of Retail Sales, China’s PMI data

The Australian Dollar (AUD) appreciates on Thursday, halting its five-day losing streak. The AUD/USD pair maintains its position following the release of key economic data from Australia and its close trading partner, China.

Australia’s Retail Sales rose 1.2% month-over-month in June, compared to 0.5% in May (revised from 0.2%). The reading came in above the market expectations of 0.4%. Retail Sales climbed 0.3% QoQ in the second quarter, compared to 0.1% in Q1 (revised from 0%).

China’s NBS Manufacturing Purchasing Managers' Index (PMI) dropped to 49.3 in July, as against 49.7 reported in June. The market forecast was 49.7. The NBS Non-Manufacturing PMI eased to 50.1 in July, versus June’s 50.5 and below the estimated 50.3 figure.

Source: FXstreet

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