Australia's Trade Minister Tehan: Hopeful of discussions with EU for trade in coming weeks

Dhwani Mehta FXStreet

Commenting on the prospects of an Australian-European Union (EU) trade deal, Australia’s Trade Minister Dan Tehan said on Thursday, “I am hopeful of discussions with the EU commissioner for trade in the coming weeks.”

Additional quotes

“EU free trade deal would mean better access to crucial minerals for Europe.”

“I expect a better EU free trade deal offer after negotiations stalled in July.”

Market reaction

Amid improving market mood and trade optimism, AUD/USD is attempting another run toward 0.6500, up 0.05% on the day at 0.6480.

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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