Wednesday, December 3, 2014

AUD Dives Post-GDP, EUR And JPY Offered

The Aussie took another dive overnight amid the Australian GDP unexpectedly slowed to 0.3% q/q (vs. 0.7% exp. 0.5% last). The GDP y/y has been revised down to 2.7% for the last quarter, and remained stable at this level in Q3 (vs. 3.1% exp. last release). AUD/USD legged



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