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AUD/USD seesaws around 0.6780 after China trade data
In a reaction to mixed trade data from China, the AUD/USD pair takes the rounds to 0.6780 on early Monday. China’s trade numbers in the Chinese Yuan (CNY) terms showed that Trade Surplus expanded to CNY 280 billion in September from 239.6 billion flashed in August. Further details on the same format mention Exports declining -0.7% versus +2.6% prior while Imports plunging -6.2% against -2.6% earlier. The Aussie traders fail to get a clear view of the Chinese trade situation while the overall sentiment remains upbeat considering the US-China trade deal. The latest developments surrounding the trade deal signal a ... (full story)