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Australian January exports +1.6% m/m (prior +1.8%) & Imports +1.3% (prior +4.8%)

Australia’s January commerce steadiness has blown previous December’s however missed expectations.

Exports and imports each rose, however imports did so slower than they did in December.

Slower imports is normally learn as not a constructive for the economic system (if the economic system was booming Australian’s can be shopping for extra yummp imports).

AUD is barely modified.

This text was written by Eamonn Sheridan at www.forexlive.com.

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