AUD/USD flows: Headline Trade Balance Misses but Details Better

Regional sentiment is optimistic with HSI leading and Nikkei almost up one percent. U.S. three major equity indexes are little changed as market participants waiting for the U.S. CPI to determine the next leg. The USD is broadly weaker against majors and the Antipodeans are capitalizing on that.

AUD/USD is up 0.15% to 0.6758 with consumer inflation expectations remain above 4% at 4.3%.