A new week and new suffering for the A$. This time, the main driver is not the RBA (like last week, twice) but rather data that comes from the world’s second largest economy and Australia’s No. 1 trade partner, China. The economic giant report a drop of nearly 11% in imports y/y, more than double the early […]

The post AUD/USD digs to new lows on weak Chinese trade data appeared first on Forex Crunch.