The Aussie closed weaker Thursday after Australia recorded its largest trade deficit in 10 months.
At close, it was trading at $0.8027/29, down from Wednesday’s close of $0.8061/64. During the local session, the unit moved between $0.8095 and $0.8030.
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The trade deficit of $556 million, seasonally adjusted, was posted in May compared with a downwardly revised deficit of $282 million in April, Australian Bureau of Statistics data showed.
