Aussie drops to 2-month low before China's data

Australian currency dropped on Wednesday falling towards the lowest level in a two-month period before a report showed that exports and imports in China advanced by more than expected , the largest trading partner of Australia. The so-called Aussie slid 0.1% to $1.0177 at 10:02 a.m. Sydney time following yesterday's decline to the lowest since March 4 at $1.0155.