Australian Dollar appreciates as US Dollar pares gains due to improved risk sentiment – FXStreet

AUD/USD recovers intraday losses following the release of China trade balance data. China's trade balance rose to RMB649.34 billion in August from RMB601.9 billion the previous month. The US dollar received support after recent employment data reduced the likelihood of an aggressive Fed rate cut in September. The AUD/USD pair rose after China’s trade balance […]