CHINA: Consumer Prices rose 2.7% YoY in Feb vs 2.5% expected, 1.5% in Jan. New Yuan Loans surged CNY700.1 billion vs CNY600 billion expected
Read more: DailyFX Forex Stream http://www.dailyfx.com/real_time_news/#ixzz0hpk9Y0Ir
If I remember correctly another reason investors became weary of puchasing the aud was because china was tightening credit and investors feared it would spill over into the aud economy because china is its biggest trade partner. This seems like its bullish news for aud/usd, correct?
Annoying Precision