AUD review

Aussie dollar buyers today are awaking to a better market following news of further deceleration in the Chinese economy, a big buyer of Australian goods and resources. 

The world's No. 2 economy slowed to an increase of 7.0 percent in the first quarter from 7.3 percent in the final quarter of 2014. Although a spectacular rate of growth in the developed world, China's economy has slowed markedly and is now mustering less than half of 2007 levels when it expanded just over 14 percent.