# Australian Dollar extends the rally to near 0.6550 ahead of China’s Manufacturing PMI release

> AUD/USD rose toward 0.6550 in early Asian trade on Monday as traders raised bets on a Fed rate cut in September. China's August manufacturing PMI came in at 49.4, weaker than expected and a fifth month of contraction.

- Date: 2025-08-31 · published 2025-08-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/23568-australian-dollar-extends-the-rally-to-near-0-6550-ahead-of-china-s
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker US dollar and softer Chinese factory activity both shape demand for Australian exports and the currency pairs that feed traders watch; this is routine FX commentary with limited direct grain impact.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲

## Sources

- fxstreet.com: https://www.fxstreet.com/news/aud-usd-extends-the-rally-to-near-06550-ahead-of-chinas-caixin-manufacturing-pmi-release-202508312315

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.