-
AUD to USD Forecast: China Trade and RBA Deputy Governor Hauser in Focus
On Friday (June 7), trade data from China could influence buyer appetite for the AUD/USD. Economists forecast the US dollar trade surplus to widen from $72.35 billion to $73.00 billion in May. Furthermore, economists expect exports to increase 6.0% year-on-year after rising 1.5% in April. Economists predict imports to rise 4.2% year-on-year after increasing 8.4% in April. Better-than-expected import and export numbers from China would align with recent Caixin private sector PMI numbers from China. Overseas demand improved further in May, albeit at a less marked rate than in April. Improving trade terms could boost ... (full story)
- Comments
- Subscribe
-
- Older Stories
From zerohedge.com|Jun 6, 2024After yesterday's breathless Nvidia-led meltup, which saw the AI chipmaker surpass both $3 trillion in market cap and Apple's valuation, today's session was a boring affair by ...
From channelnewsasia.com|Jun 6, 2024Japanese household spending rose for the first time in 14 months in April from the year earlier, data showed on Friday, although the tepid growth showed consumers remained ...
From @LiveSquawk|Jun 6, 2024|4 commentspost: Japan FinMin Suzuki: FX Intervention Should Be Used On Limited Basis - Need To Smooth Out Excessive FX Moves On Occasion - Watching Forex Moves Closely post: Japan FinMin Suzuki: Also Need To Think About Effectiveness Of Intervention - Not Thinking Of Fund Limit For FX Intervention
-
- Newer Stories
From forex24.pro|Jun 6, 2024The quotes of the USD/JPY currency pair continue to move as part of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to ...
From fxstreet.com|Jun 6, 2024China's Trade Balance for May, in Chinese Yuan terms, came in at CNY586.40 billion, widening from the previous figure of CNY513.45 billion. Exports jumped by 11.2% YoY in May vs. ...
From interest.co.nz|Jun 6, 2024Economists at ANZ New Zealand, the country's biggest bank, have brought forward their forecast for the first in a series of Reserve Bank Official Cash Rate (OCR) cuts to February ...
- Story Stats
- Posted: Jun 6, 2024 10:13pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,753
- Linked events:
