AUD/JPY drops below 111.00 as Australia’s Trade Surplus narrows

AUD/JPY drops below 111.00 as Australia’s Trade Surplus narrows

The post AUD/JPY drops below 111.00 as Australia’s Trade Surplus narrows appeared on BitcoinEthereumNews.com. AUD/JPY depreciates after registering mild gains in the previous session, trading around 110.80 during the Asian hours on Thursday. The currency cross remains subdued following the release of Australia’s Trade Balance data. The Australian Bureau of Statistics on Thursday reported that Trade Surplus narrowed to 2,631M month-over-month (Mo…

Australian Trade Data: The Critical Catalyst That Moves AUD/USD Markets

BitcoinWorld Australian Trade Data: The Critical Catalyst That Moves AUD/USD Markets SYDNEY, Australia – Every month, currency traders worldwide fix their attention on a specific economic release that consistently moves the Australian dollar against its US counterpart. The Australian Bureau of Statistics publishes trade balance data that frequently triggers immediate volatility in AUD/USD, creating both opportunities and risks for forex market p…

Australia Imports (MoM) increased to 0.8% in January from previous -0.8%

Australia Imports (MoM) increased to 0.8% in January from previous -0.8%