Aust dollar pushing US92c

Local currency extends gains in early trade on release of strong Chinese data.

The Australian dollar is higher as the currency continues to extend gains following the release of strong Chinese data.

At 0700 AEST, the local unit was trading at 91.91 US cents, up from 91.40 cents on Friday.

The Australian dollar received a boost on Friday with positive inflation, retail, manufacturing and mining data from China, said ANZ senior manager FX in Auckland Sam Tuck.

"Industrial production was stronger than expected which added to the contained consumer price index reading, which was one-tenth lower than expectations, and stronger export data from the day before," Mr Tuck said.

"Also, the market was probably running very short.

"The Australian dollar was gaining against absolutely everything, really, so it seems to have been an Aussie story and an Aussie buy."

China's industrial production growth accelerated in July to a five-month high of 9.7% year-on-year, the Chinese government said, against an expected 9% gain.

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