- prior was 1200m
- Exports in March -2% m/m (sa)
- Imports in March flat at 0% m/m (sa)
- fourth straight monthly surplus
- Moody’s Analytics said export volumes are rising “thanks to earlier mining investment aimed at increasing capacity”
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And, don’t forget: RBA meeting announcement later today
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AUD/USD down a few points, not too much change ahead of the RBA announcement (see link for preview)