Australia's March Trade Surplus Smaller Than Estimated

The video discusses trade figures for March and April, noting a slight miss in April's trade balance at $3.1 billion, while March's figures were revised up to $3.66 billion. Imports rose by 5% and exports by 2% from the previous month, coinciding with a period when iron ore prices were above $80 per ton. The Aussie dollar showed little reaction, remaining stable at 74.20.

What was the market's expectation for the trade balance figure?

What was the reaction of the Aussie dollar to the trade balance numbers?