Australia Balance of Trade
Primarily result of an increase in resource exports such as natural gas, metal ores, and minerals, coal, coke, and briquettes, as well as rural goods such as meat and cereals, Australia, recorded trade surpluses in 2017 and 2018. The most significant trade surpluses are reported with China, Hong Kong, Japan, and New Zealand, while the most significant trade deficits are recorded with the United States, Singapore, South Korea, Malaysia, and Thailand.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.
Forex Sentiment (AUD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURAUD |
|
|
1.6254 -50 pips |
1.6389 -85 pips |
1.63037 | |
| AUDCAD |
|
|
0.8977 -77 pips |
0.9035 +19 pips |
0.90543 | |
| AUDJPY |
|
|
97.9020 -411 pips |
101.8162 +20 pips |
102.017 | |
| AUDNZD |
|
|
1.0880 -114 pips |
1.0996 -2 pips |
1.09937 | |
| AUDUSD |
|
|
0.6549 -46 pips |
0.6630 -35 pips |
0.65953 | |
| AUDCHF |
|
|
0.5892 -100 pips |
0.6129 -137 pips |
0.59921 | |
| GBPAUD |
|
|
1.8717 -241 pips |
1.9118 -160 pips |
1.89584 | |
| AUDSGD |
|
|
0.9130 +199 pips |
0.9467 -536 pips |
0.89308 | |
| XAUAUD |
|
|
3325.0661 -18630 pips |
3582.9281 -7156 pips |
3,511.37 | |
| XAGAUD |
|
|
39.5820 -170 pips |
42.2447 -96 pips |
41.285 |
News (AUD)
Australia Holds Key Rate At 12-Year High
The Reserve Bank of Australia left its benchmark interest rates unchanged at a 12-year high for a fourth straight meeting, as widely expected, on Tuesday. The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4.35 percent. The board also retained the interest rate paid on Exchange Settlement balances at 4.25 percent.
RTTNews | 15h 28min ago
Australia Retail Sales Slump 0.4% In March
The value of retail sales in Australia was down a seasonally adjusted 0.4 percent on month in March, the Australian Bureau of Statistics said on Tuesday - coming in at A$35.663 billion.
RTTNews | 23h 34min ago
Australia Services PMI Slips To 53.6 In April - Judo Bank
The services sector in Australia continued to expand in April, albeit at a slower rate, the latest survey from Judo Bank revealed on Friday with a services PMI score of 53.6.
RTTNews | 5 days ago
