China trade balance: Imports collapse

FXStreet (Bali) - China trade balance for November came at $ 54.5bn vs $43.95bn expected and prior of $45.91bn. Exports stood at +4.7% y/y vs +8% exp and 11.6% prior, with imports at -6.7 % y/y vs +3.8% exp and 4.6% prior.

AUD/USD down and further into bears layer

AUD/USD is trading at 0.8298, down -0.33% on the day, having posted a daily high at 0.8326 and low at 0.8293.
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