China's General Administration of Customs is set to release its trade balance data for November on Monday at 03:00 GMT. Analysts anticipate an increase in the trade surplus to $100.20 billion, up from $90.07 billion in the previous month. Exports are expected to rise by 3.8%, while imports are projected to grow by 2.8%.
This positive outlook for China's trade balance could bolster the Australian dollar (AUD) against the US dollar (USD), as Australia is a key trading partner for China. A stronger trade surplus may enhance market sentiment toward the AUD/USD currency pair, potentially leading to gains in the exchange rate. Traders will closely monitor the data release, as fluctuations in these figures can significantly impact trading strategies and market movements.
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Data Source: FX Killer Analysis Team Updated: 2025-12-08 01:28
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.