Australian Trade Minister: We still have some way to go to establish usual trade across the board

Dhwani Mehta FXStreet

During his visit to Beijing on Friday, Australian Trade Minister Don Farrell said that he “can see the benefits for Australian and Chinese businesses and consumers that continue to flow from the China-Australia free trade agreement.”

“We still have some way to go to establish usual trade across the board,” Farrell said.

Market reaction

AUD/USD is a little impressed by the above comments, staying on the back foot just beneath 0.6700, as of writing.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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