Australia current account deficit in line with expectations
Forex pairs in this Article » AUD/USD
FXstreet.com (Barcelona) - Australia current account balance has come at -11,801M in 2Q vs -14,892M in 1Q. Expectations were for -12.2 bln approximately. The contribution from Aus net exports rose to 0.3%, below a 0.55% forecasted. AUDUSD is trading a tad firmer as sellers take profits from the first ride lower, which saw a new weekly low being printed at 1.0227, and ahead of the RBA rate decision.