Tag: china trade

May 25, 2017 BY LeapRate Staff

Aussie, the best proxy for trading the Chinese story

The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Australian dollar is recognized as the best proxy for trading the Chinese economy, as the Chinese Yuan is not freely traded. The Reserve Bank of Australia’s (RBA) former Governor Glenn Stevens has said…

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