Australia Trade Balance (MoM) came in at -1841M below forecasts (4250M) in March

May 7, 2026

Australia Exports (MoM) fell from previous 4.9% to -2.7% in March

EUR/USD trades above mid-1.1700s, close to two-week top as Iran peace hopes undermine USD

The EUR/USD pair attracts some dip-buying during the Asian session on Thursday and stalls the previous day's late pullback from the 1.1800 neighborhood, or over a two-week high.