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

The Australia May Trade Balance  came in lower than expectation of 6678m at AUD 5773m but both export and import are showing improvement from previous month with export being the strongest in nine months and import resume expansion. Both are positive signs for the Australian economy and seems to be supporting the Aussie.

AUD/USD is trading 0.14% higher at 0.6714 despite mixed risk sentiment.