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.
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USD/JPY sinks to mid-153.00s in Asian trade Tuesday — its lowest since February 18 — as Japan real wages rose 2.4% in July and Q2 GDP was revised to 1.4% annualized. A separate chart stamp is C153.77 / L153.53.
AUD/USD trades about 0.13% higher near 0.7217 in European trade Monday — the highest in over three months — as RBA September hike bets firm after Q2 GDP.
EUR/JPY falls 1.11% on Monday toward about 179.45 as the yen strengthens on fully priced BoJ 25 bp hike bets for September 17–18.