FX VOICE: Australia's close ties to China

Australia is deepening its ties to China, having invested 5% of its foreign reserves in Chinese bonds and arranging to trade directly with China in renminbi. What does this mean for the Australian dollar? CT asks the experts.
FX VOICE: Australia's close ties to China
By Daniel Flatt
May 6, 2013
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Mitul Kotecha, head of global FX strategy, Credit Agricole CIB (pictured):
The performance of the Australian dollar has increasingly moved in sync with developments in China from varying angles.  

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