Aussie rises versus US Dollar on China's GDP data

Source: WBP Online
© ScanPix/AFP
The Australian Dollar jumped against the Greenback on Monday, as the Chinese economic growth slowed lesser than were anticipated in the third quarter. The AUD/USD pair advanced 0.59% to $0.7304 by 08:27 AM GMT. The better-than-expected headline number from the world's second biggest economy also improved the economic outlook for Australia, as the trade with China continues to contribute more than 5% to Australian GDP. 
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