AUD/USD got a bit of a blip happening on the trade surplus data (Australia - Trade balance (March): Surplus of AUD 3107mln (expected surplus AUD3250mln))

But then the China PMI came along and well ...

Also of note today, commodity futures in China getting hit lower hard, iron order limit down

On the trade data ... Q1 volumes of exports were not impressive, they dropped, but with higher prices the impact was values were up.

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Elsewhere: