Australian Dollar Advances on China Growth
from MoneyTrading.com.au
The Australian dollar advanced after a government report showed China’s fourth-quarter growth rose at the fastest pace since 2007, damping concerns of a slowdown in Asia’s second-largest economy.
China’s economic expansion is bullish for the Australian dollar over the medium term and for commodity prices.
The Australian dollar advanced after a government report showed China’s fourth-quarter growth rose at the fastest pace since 2007, damping concerns of a slowdown in Asia’s second-largest economy.
China’s economic expansion is bullish for the Australian dollar over the medium term and for commodity prices.
posted by Money Trading at
4:47 PM
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