The Australian Dollar didn’t move far on Tuesday following data from both its home country and from China which broadly matched expectations, but it did weaken a little. Chinese Consumer Price Index rose at an annualized pace of 1.9% in June, exactly as forecast and a nudge faster than May’s 1.8% gain. Producer prices grew at 4.7%, however, outstripping both the 4.5% rise expected and the previous month’s 4.1% gain. Closer to home, June’s business confidence survey from the National Australia Bank came in at 6, the same as May’s and pretty average by historical standards. The sample’s take on current conditions ... (full story)