Reported about 12 hours ago
The Australian dollar rose as trade tensions eased and data revealed a resilient Chinese economy, with growth surpassing forecasts despite U.S. tariffs. China's economy grew 1.1% in Q3 and managed to stay on track for its annual growth target of around 5%. Meanwhile, U.S. President Trump hinted at less severe tariffs on Chinese goods, leading to optimism in the markets, which anticipate a de-escalation of trade conflicts.
Source: YAHOO