Australian April 2024 Trade Balance is a smaller surplus than in March, and a miss

  • Exports improved on the month but in small way only

Data from Australia is mixed:

fed interest rate forecasts 02 May 2024 2

AUD/USD is barely changed on the session around 0.6520 or so as I update. It gained after the FOMC statement and gave some back on Powell. Driven by the USD.

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