The Australian dollar rose against all major crosses on Wednesday, boosted by stronger-than-expected economic data from China "Persistent concerns over a potential trade war between the US and China continue to influence broader financial market moves The Australian dollar pushed higher on Wednesday, finding support from strong Chinese economic data and a weak US retail sales report for February. AUD/USD 0.7878 , 0.0021 , 0.27% AUD/JPY 83.76 , 0.04 , 0.05% AUD/CNH 4.9687 , -0.0012 , -0.02% AUD/EUR 0.6369 , 0.0029 , 0.46% AUD/GBP 0.5642 , 0.0015 , 0.27% AUD/NZD 1.0737 , 0.0014 , 0.13% AUD/CAD 1.0203 , 0.0018 , 0.18% After starting the session at .7857, the AUD/USD kept on grinding higher over the course of European and US trade, eventually hitting a high of .7916 on the back of a weak US retail sales report for February." Business insider Australia David Scutt 15/3
