Chinese Data Reports Over The Weekend Put Pressure On The Australian Dollar. The early Sydney morning saw binary options traders wake up to a new figure being taken out in the AUD/USD pair. The US dollar extended its recovery pretty much across the board in Asia on Monday.
Submitted by Matt T. on Mon, 10 Jun 2013 05:29:23 GMT
In today’s daily analysis we will focus on the currency pair which is being traded as the free market proxy for Chinese growth. You guessed it right – it’s the AUD/USD. As a major trading partner with a free floating currency, the Australian dollar is taking clues from Chinese growth for active trading.
Submitted by Toni H. on Wed, 17 Apr 2013 08:16:39 GMT