Aussie Weakens on Poor China’s Data, Market Sentiment

Jun 15,2019 03:26   Source:Earnforex
The Australian dollar was soft today as the market sentiment remained negative following yesterday’s news about an attack on oil tankers in Middle East. Mixed macroeconomic data in China, Australia’s biggest trading partner, added to downside pressure on the currency. While some of the indicators were good, the arguably more important ones were surprisingly bad, suggesting that the Chinese economy struggles to maintain its impressive growth. The National Bureau of Statistics of China […]

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