AUD/USD: No end in sight for the Australian dollar bull run

The AUD/USD is trading near its three-year high helped by the resurgent Chinese economy and higher commodity prices. It is trading at 0.7767, which is 42% above last year’s low of 0.5500. Strong China economy  The Chinese economy is firing on all cylinders as evidenced by the latest trade numbers. According to the country’s statistics bureau, exports rose by 18.1% in December while imports rose by 6.5%. The two numbers were better than what analysts were expecting. As a result, the trade surplus soared to a whopping $78.2 billion in December, higher than the median estimate of $72 billion. For