Aussie Trade Balance leaves AUD unchanged with eyes on RBA – by fx_ross Australia AUDUSD
is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand. Trade Balance gives an early indication of the net export performance. If a steady demand in exchange for Australian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive for the AUD.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
AUD/JPY extends recovery beyond 91.00 on better-than-forecast Aussie Retail Sales, RBA in focusAUD/JPY extends recovery beyond 91.00 on better-than-forecast Aussie Retail Sales, RBA in focus – by anilpanchal7 AUDJPY RBA RetailSales RiskAppetite Crosses
Leer más »
Australia's Trade Minister: Working with China to resume full tradeAustralian Trade Minister Don Farrell said on Monday he will travel to Beijing at China's invitation, as they are working with China to resume full tr
Leer más »
AUD/USD grinds above 0.6860 key support on softer Aussie trade surplus, RBA, Fed’s Powell eyedAUD/USD grinds above 0.6860 key support on softer Aussie trade surplus, RBA, Fed’s Powell eyed – by anilpanchal7 AUDUSD RiskAppetite ForeignTrade RBA Fed
Leer más »
Pairs in Focus This Week \u2013USD/JPY, EUR/USD, GBP/USD, AUD/USDGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of February 5th, 2022 here.
Leer más »
AUD/USD Price Analysis: Bears under a 78.6% target area ahead of RBAAUD/USD sold off in a huge way at the end of last week and has broken critical breakout structures along the way as the following will illustrates. Th
Leer más »
AUD/USD rebounds from 0.6900 on lower-than-expected decline in Australian Retail SalesThe AUD/USD pair has attempted a recovery of around 0.6900 as the Australian Bureau of Statistics has reported a lower-than-expected contraction in th
Leer más »