The balance of trade figures are likely to show a significant increase compared with last month as new contract prices in commodities and coal will have kicked in.
The AUD/USD has been choppy this morning inside a fairly tight .8402/37 range. Buy orders are now being reported around .8370 with light stops above .8480, selling interest from real money funds being reported from .8520 through .8570, and large trailing stops seen above .8600.
