The Canadian Dollar (CAD) has seen a quick end to its almost-rally on Monday, getting pushed back down and tipping into a fresh twelve-and-a-half-month low against the US Dollar (USD).
<p>Australia current account surplus widened notably to AUD 8.4B in Q1, up from AUD 1.7B and beat expectation of AUD 6.3B. The current account surplus was driven by a trade surplus of AUD 19.2B
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