Aussie May Trade Balance

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July 2, 2009

The May Australian Trade Balance reading expected to be a deficit of (125M), came in much worse than expected at -556M, also worse than the prior months reading of -91M. The release pushed the AUD through session lows, as the risk and commodity pairs are having a hard time sustaining any price momentum ahead of tomorrows US Non-Farm Payroll release.
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Original post by Forex News and Commentary by FXDD

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