<p>New Zealand terms of trade index dropped -0.7% qoq in Q1, worse than expectation of 1.3% rise. Export volume rose 1.8% qoq while import volumes fell -3.9% qoq. Export prices dropped -0.2% qoq
TD on the Australian dollar at 0.6327 TD Research discusses the AUD outlook and maintains a tactical bearish bias, expressing that "As markets start to collect more data on
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