The Australian dollar, considered a liquid proxy for China

Asian stocks stumbled to a five-week low on weekday when a batch of unsatisfying information out of China raised the specter of a pointy lag within the world’s second-biggest economy. The dollar, thought-about a liquid proxy for China plays, additionally took a blow and unerect to a six-month low. MSCI’s broadest index of Asia-Pacific shares [ ]
http://theasiannews24.com/the-australian-dollar-considered-a-liquid-proxy-for-china/