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Strong Chinese data has been released and good US trade data

Strong Chinese data has been released and good US trade data

The Australian dollar has increased more than three quarters of a US cent after some strong Chinese data has been released and good US trade data. The dollar jumped from 90.50 US cents to 91.33 US cents.

China’s exports figures were much better than expected due to last month’s due to demand from Europe and the US.

There was also strong employment data out of the US.

 

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