China places first order for Australian coal since ban in 2020 – Reuters

Dhwani Mehta FXStreet

Citing sources familiar with the matter, Reuters reported on Friday that China placed its first order for Australian coal since the unofficial ban imposed in 2020.

No further details are provided about the same.

Also read: China's curbs on Australian commodities may lift in unofficial manner – Bloomberg

Market reaction

AUD/USD has popped again on the above headlines, currently trading at 0.6766, up 0.25% on the day.

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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