Friday, September 7, 2012

The Real Catalyst for AUD is Still China

Even though Australia's economy only represents 2% of the World's GDP the Aussie$ is one of the top five traded currencies in the world. Hence US analyst's interests in our currency, if little of anything else.

THU 06 SEP 12 | 07:30 PM ET
David Mann, Regional Head of Research, Americas, Standard Chartered Bank says AUD may have moved higher on the ECB's bond-buying plan, but any disappointment in China could drive the currency down.

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