New Zealand Trade Balance (MoM) registered at $818M to beat expectations ($600M) in February

RBA watcher Terry McCrann, from the Australian Herald-Sun, has probably put a smile in the face of Aussie long traders, after suggesting in his latest article that RBA Governor Stevens is pretty much done trying to talk down the AUD, saying 'it would be pointless' for Stevens to try to ‘jawbone’ the dollar lower.