AUDUSD0.6883
0.0050 (0.73%)0.73%Markets Live: $A soars on huge trade surplus
Patrick Commins and Jens Meyer
Updated
Key Points
- Surging commodity prices push trade surplus to its highest on record, while building approvals sag
- The Aussie dollar spikes to US76¢ on the trade numbers, its highest since just after the US election
- Downer EDI shares soar after the contractor posted strong earnings and lifted its profit guidance
- The Fed remains firmly in wait-and-see mode, with markets betting the next hike won't be before June
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