AUD/USD Falls to 1.0430 after China GDP

The U.S. dollar moved further away from last week’s four-year high against the yen on Monday after the United States said it would watch Japan to ensure its policies were not aimed at weakening its currency.

Commodity currencies also took a kicking after data showed the pace of Chinese growth stumbled in the first three months of the year, undershooting expectations.

The Aussie dollar slipped 0.6 percent to $1.0439 as industrial output in China, Australia’s biggest export market, also disappointed. That took it further from a three-month high of $1.0583 marked on Thursday.


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