During his visit to Beijing on Friday, Australian Trade Minister Don Farrell said that he “can see the benefits for Australian and Chinese businesses and consumers that continue to flow from the China-Australia free trade agreement.”

“We still have some way to go to establish usual trade across the board,” Farrell said.

Market reaction

AUD/USD is a little impressed by the above comments, staying on the back foot just beneath 0.6700, as of writing.