AUD/USD halts its four-day winning streak near 0.7210 in Asian trade Tuesday after China’s August surplus printed $119.09B vs $119.1B estimates and Westpac confidence fell 5.2% to 84.4.
AUD/USD halts its four-day winning streak, trading around 0.7210 during Asian hours on Tuesday. A daily-chart stamp on the same page also puts AUD/USD at 0.7210.
China’s August USD-denominated trade surplus arrived at $119.09 billion, against $119.1 billion estimates on the page (July was $112.5 billion). Exports surged 25% YoY (prior 23.9%); imports rose 28.2% YoY versus expectations of 30% (July 27.5%). The Westpac Consumer Confidence index dropped 5.2% to 84.4 in September, reversing August’s 6% surge to 88.9.
This is a separate URL from Monday’s AUD/USD EU three-month high.
Also see: AUD/USD Approaches Four-Year High Near 0.7230 in Europe After Hawkish Hauser Remarks.
Informational only. Not trading advice, signals, or a guarantee of any market outcome.
Written and fact-checked with AI assistance, reviewed by a human editor before publication.
No comments yet. Be the first to share your view.
USD/CAD near 1.3815 after a 1.3835 high as the loonie firms and WTI extends near $97.20. FedWatch ~64% chance of a 25 bp hike on this stamp; DXY ~98.96.
GBP/USD under pressure near 1.3525 (−0.17%) as hot PPI keeps a September Fed hike in play. FedWatch nearly 70% chance of a 25 bp increase; Brent above $100.
USD/INR hits a fresh 10-day high at 95.47 as oil extends its rally on intact US–Iran tensions. RBI still intervening in spot and NDF; FCNR mobilisation stamped at $136.38bn.