AUD may struggle on Monday morning after poor Chinese data

The AUD held up really well on Friday, with positive risk sentiment after strong US jobs numbers helping the Aussie on the crosses. AUD/JPY made fresh new highs (technicals in members) and GBP/AUD closed right on record lows.

This sentiment may suffer a bit tomorrow morning after Chinese retail sales and industrial production date came in below expectations. This coming on the back of poor Chinese import data last weak might test the teflon surface of the Aussie.