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Australia’s imports jumped 14.1% in March after a 3.2% decline in February, signaling a sharp rebound.
Australia’s March trade surplus hit 1,841 million, missing forecasts of 4,250 million by 2,409 million.
AUD/USD holds near four-year highs as risk appetite, lower oil and RBA hike bets offset trade risks.
AUD/USD hits four-year highs as US Dollar weakens; risk-on mood shifts focus to upcoming trade and NFP data.
AUDUSD trades near 0.713 as lower oil, firmer equities and RBA hike bets support the Aussie ahead of jobs data. | VT Markets
AUDUSD falls to $0.687 as oil-driven inflation risks rise and rate advantage narrows amid global tightening. | VT Markets
AUDUSD rises toward 0.7088 as the RBA hikes to 4.10% and signals further tightening, with markets pricing another move by May. | VT Markets
AUDUSD climbs above 0.70 after the RBA lifts rates to 3.85%, signalling inflation risks remain elevated.
AUD/USD consolidates near support as RBA rate expectations and fragile risk sentiment limit upside follow-through.
The Australian dollar climbed higher on Tuesday after the Reserve Bank of Australia held interest rates steady and signalled no urgency to ease. – vtmarkets.com
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