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Australia’s Trade Surplus narrows to 5,773M MoM in May vs. 6,678M expected

Australia’s trade surplus narrowed to 5,773M MoM in May versus 6,678M expected and 6,548M in the previous reading, according to the latest Aussie foreign trade data published by the Australian Bureau of Statistics on Thursday.

 

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Australia Imports (MoM) rose from previous -7.2% to 3.9% in May

Australia Imports (MoM) rose from previous -7.2% to 3.9% in May
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USD/INR loses traction as weaker US data drags US Dollar lower

The Indian Rupee (INR) gains ground on Thursday on the heavy bearish pressure of the US Dollar (USD).
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