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Australia's trade surplus hit A$5.365B in June, up from forecasts, boosting the Aussie dollar.
Australia's trade surplus surged to A$5.365 billion in June, above forecasts and previous levels, due to a 6.0% increase in exports and a 3.1% drop in imports.
The Australian Dollar strengthened as a result.
The Reserve Bank of Australia is expected to cut interest rates next week, while the U.S. Federal Reserve is also anticipated to lower rates in September.
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El superávit comercial de Australia alcanzó A $ 5.365B en junio, por encima de las previsiones, impulsando al dólar australiano.