Australia is set to release its trade balance report for April at 9:30 pm ET. The trade deficit is expected to have shrunk A$900 million in the month from A$1.59 billion deficit in March.
The Australian dollar halted its recent downtrend against its major rivals ahead of the report. As of 9:25 am ET, the aussie was trading at 0.9867 against the greenback, 1.2708 against the euro, 78.50 against the yen and 1.2906 against the NZ dollar.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org