China Exports (YoY) came in at 18%, above expectations (15%) in June

Aug 7, 2022

China Trade Balance USD came in at $101.26B, above forecasts ($90B) in July

AUD/USD juggles around 0.6900, downside remains favored on hawkish Fed bets

The AUD/USD pair is likely to remain sideways around 0.6900 as investors are betting more on the extremely hawkish stance of the Federal Reserve (Fed)