A pair of Australian Dollar / US Dollar has lost almost all won positions in the late morning after reports of increased foreign trade surplus of China in April, has filed a negative signal to the output in the medium even more important Chinese data. It is reported by Roland Randall, a strategist at TD Securities in Singapore. "Now the main question is whether China will raise interest rates, and if the background of these markets seem to happen, everyone will be selling the Australian dollar, " - says Randell. According to him, the key inflation data, which should be published on Wednesday, are a major risk factor for a pair of Australian Dollar / U.S. Dollar this week.At the time of writing, this pair is trading at 1.0745 against 1.0792 before the publication of data on foreign trade of China, after the surplus had grown up Australia has supported the strengthening of the pair earlier in the session.
