Aussie falls versus U.S. Dollar as China posts trade deficit

The Australian Dollar declined on Monday falling for the second successive day versus the U.S. Dollar after a government data showed that Chinese trade balance came in shortfall of 18.1%, the highest deficit in 2 years. The so-called Aussie lost as much as 0.6% to 90.18 U.S. cents as of 11:02 a.m. in New York following a gain to the strongest level since December 11 at 91.33 on March 7.