Australian Dollar Soft After China’s Trade Surplus Grows

Jun 10,2019 11:16   Source:Earnforex
The Australian dollar was extremely weak against its most-traded peers today after China’s trade surplus rose much more than was expected. China’s trade balance logged a surplus of $41.66 billion in May, up from $23.42 billion in April, demonstrating the largest surplus since December of the last year. Exports rose 1.1%, year-on-year, but experts explained that by rush of companies to ship goods before the US tariffs […]

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