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Imports Rise Above Expectations

AUD

Australia's May trade surplus widens less than expected to AUD 9.681bn against an expected AUD 10.50bn. Exports rose 6%, in line with estimates, while imports rose 3% against an expected flat reading. Other daa showed job vacancies in three months to May rose 23.4% after a 13.7% rise in April.

  • AUD/USD not showing any immediate reaction to the release, but the pair remains under pressure. Last hovering around session lows at 0.7485, down 13 pips on the session.

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