Australian Dollar

Asian share markets relieved as China data point to recovery; dollar surges

Investors were hoping for better news from China and were not disappointed with first-quarter economic growth pipping forecast at 6.4 percent.

Moody's downgrades China, warns of fading financial strength as debt stings

The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows, Moody's said

US Fed hikes rate: Dollar crunched, bonds boosted on hopes of gradual rises

Analysts are saying buy emerging market FX, equities and commodities as US Fed has made world safe for risk until June

Indian markets to breathe easy as Fed keeps stimulus

The Fed's announcement on Wednesday that its stimulus measures will stay in place should help battered emerging markets like India and Brazil.