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5 Oct 2021
Australia Trade surplus jump to 15077M but AUD/USD bulls await RBA below 0.7300
Australia Trade Balance for August came in as 15077M versus 10650M forecast and 12117M prior readouts.
Details suggest that the Exports eased to 4% while the Imports dropped to -1.0% during the stated month compared to +5.0% and +3.0% respective priors
Following the data release, AUD/USD
Read: AUD/USD braces for 0.7330 key hurdle ahead of RBA interest rate decision