A huge spill in the Aussie dollar overnight took it within a fraction of a cent away from six-year lows against the greenback, hitting a session bottom of $0.7550. The Aussie last week had fared buoyantly after the nation's central bank surprised many with its decision not to cut interest rates from 2.25 percent.
This week got off in volatile fashion for the Aussie after big trade partner China published some alarmingly weak trade figures that revived worries about the health of the world's No. 2 economy.
Chinese exports unexpectedly plunged 15 percent in March, versus forecasts of a 12 percent rise, which set the stage for slower first quarter growth - figures that are set for release on Wednesday.
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AUD review
A huge spill in the Aussie dollar overnight took it within a fraction of a cent away from six-year lows against the greenback, hitting a session bottom of $0.7550. The Aussie last week had fared buoyantly after the natio…
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