China considering a partial end to Australia coal ban

The recovery in AUD/USD is gathering further traction on reports that China is considering a partial end to its ban on imports of Australian coal.

No further details are provided about the same.

Meanwhile, AUD/USD briefly recaptured the 0.6800 barrier, popping up to 0.6817 on the above report before reversing to 0.6792, where it now wavers. The pair is still up 0.86% on the day.

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