Wednesday, September 3, 2014

Australian GDP grows slower than the previous quarter

The second quarter GDP in Australia was 0.5%, beating estimates of a 0.4% growth. This shows signs of slowing growth after the previous quarter ended with a 1.1% growth.




















The AUD/USD pair actually dropped initially till around 9.51 am before it climbed at a slow pace.

1 comment:

  1. It is quite beneficial, although think about the facts when it reaches this target. Aussie brokers list

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