Australian dollar slips on China data

Australian dollar falls on weaker-than-expected Chinese trade data.

The Australian dollar is lower due to weaker than expected Chinese trade data.

At 1200 AEST, the local unit was trading at 91.36 US cents, down from 91.83 cents on Tuesday.

Shortly before noon, data from China showed the country's monthly trade surplus fell by 14% in June, as imports and exports both declined.


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