Aussie Off Lows After China Data, Still Shaky

The Australian dollar touched a near three-year low against a broadly firmer greenback on Monday, but managed to stage a modest comeback in the wake of a less dire-than-expected reading on China's manufacturing sector.

The Aussie was last up 0.4 percent on the day at $0.9171, having earlier fallen as far as $0.9110, its lowest since September 2010.

It climbed about 30 pips after a closely watched report revealed that China's factory activity did not slow as much as feared. China is Australia's single biggest export market.

News are provided by InstaForex.