India, March 17 -- The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as markets react positively to China unveiling a special action plan over the weekend to revive consumption and to boost the stock and real estate market. The ongoing concerns about the impact of President Donald Trump's trade policies are hurting market sentiment.
China's industrial production and retail sales expanded more than expected in the January to February period driven by fiscal stimulus, but the property market remained a drag on the economy.
Data from the National Bureau of Statistics showed that China industrial production registered an annual growth of 5.9 ...