By Rob Howard — Dec 24 - 05:05 AM
AUD/USD holds above 0.6220 (Monday's low) amid China stimulus hopes
China plans record $411 billion special treasury bond issuance next year
AUD tends to act as liquid proxy for yuan; China is top trade partner for Oz
Iron ore up on China report (iron ore is big export earner for Australia)
0.6199 was 26-month low for AUD/USD last week, after hawkish Fed guidance
RBA minutes showed central bank opening door to easing as early as February
Source:
London Stock Exchange Group | Thomson Reuters