Aussie advances on China recovery signs

Note: This section contains information in English only.
Source: WBP Online

Australia's Dollar advanced against its major peers, after China announced increase in manufacturing activity. Improvement of China's economy is especially good for Australians, because most of their exports goes to China. The Aussie surged 0.44% against the Eurozone's currency and 0.33% versus the U.S. currency, however the Australian Dollar is still set for 1.1% weekly drop against the U.S. currency.

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