The Australian dollar has dipped after Chinese manufacturing figures came in at a three-month low.

At 1200 AEST on Thursday, the local currency was trading at 92.53 US cents, down from 92.96 cents on Wednesday.

The Australian dollar fell as low as 92.37 US cents following the release of the disappointing Chinese data on Thursday.

The HSBC flash China manufacturing purchasing managers’ index was at 50.3 in August, down from 51.7 in July, although still above the 50 level that separates expansion from contraction.

Easy Forex currency dealer Ricky Liu said the figures hit the Australian dollar, which had already been weakened by more upbeat US Federal Reserve meeting minutes overnight.

“The Chinese manufacturing figures came in at a three-month low and that had a negative impact on the Aussie dollar,” Mr Liu said.

Meanwhile, Australian bond futures prices were lower.

At 1200 AEST on Thursday, the September 2014 10-year bond futures contract was trading at 96.510 (implying a yield of 3.490 per cent), down from 96.585 (3.415 per cent) on Wednesday.

The September 2014 three-year bond futures contract was at 97.300 (2.700 per cent), down from 97.360 (2.640 per cent).