AUD/USD rallies in spite of Chinese industrial slowdown

Source: WBP Online
© FP
The Aussie gained value against the US Dollar on Monday, surging 0.5% to trade around $0.73, despite the Chinese industrial sector slowing down from 6.8% in March to 6.0% in April, and retail sales dropping from 10.5% to 10.1% in April. Further volatility is anticipated for the pair on Tuesday, amid the RBA minute release.
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