China trade falls short amid growth in imports

FXStreet (Bali) - China Trade Balance came at $31B, below a forecast of 41B in September, with imports (YoY) standing at 7%, which comes above expectations of -2.7% in September, while exports (YoY) also came above expectations, at 15.3% vs 11.8% last.

AUD/USD: Bearish tide recedes, 0.87 re-taken

AUD/USD is running an impressive intraday recovery off 0.8650 lows, currently at 0.8725/30 day highs following Chinese trade numbers, which came below market expectations.
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