AUDUSD

The Australian dollar fell on Friday during the Asian trading session, as investors have noted a greater than expected increase in consumer and producer prices in China on an annualized basis.
AUD / USD was trading at 0.7464, gaining 0.01% and USD / JPY rose 0.34% to 114.41.
In China, consumer prices rose in November by 0.1% on a monthly basis, as expected, and by 2.3% year on year, although the expected increase of 2.2%. Consumer prices jumped at an annual rate of 3.3% instead of the expected 2.2%.
In Australia, the volume of housing loans in October dipped by 0.8% in monthly terms, but is expected to fall by 1.0%.

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