Australia’s dollar strengthened after a report showed China’s economy grew 7.5 percent in the second quarter, matching economists’ estimates. The Australian currency dropped last week after Chinese Finance Minister Lou Jiwei said this year’s expected growth rate is 7 percent and China can reach that.
Tags Australian currency australian dollar economy forex futures and options fx
By Dave Lerman The investment community usually defines a liquid investment as something that can be easily turned into cash. Selling a house is an example of an illiquid investment. It could take weeks or months to close on the transaction and receive your money. Stocks, however, tend to be very liquid because they can ...
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