Australia September balance goods/services -$1.85 billion
Imports and exports both rose by 5% as economic activity increased. The AUD/USD is basically unchanged around .9100.
Imports and exports both rose by 5% as economic activity increased. The AUD/USD is basically unchanged around .9100.
2 Responses to “Australia September balance goods/services -$1.85 billion”
Sean
Interesting that this good number has not made the Aussie stronger, just like the other day with RBA rate rise, there is a major reluctance for new long positions it seems
Simon
Yes agree Simon, market feels like its still very long