Friday, July 12, 2013

AUDUSD Under $0.9000 For First Time Since September 2010 | DailyFX

DailyFX: "Last night, Chinese Finance Minister Lou Jiwei stated, “We don’t think 6.5% or 7.0% will be a big problem.” This spurs speculation that the Chinese GDP release on July 15 (02:00 GMT) may come in poorly amidst other recent letdowns in Chinese data. This week, China released weak June export numbers: -3.1% y/y actual; +3.7% Bloomberg News survey expected."

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