Daily Report: Aussie Extends Decline on GDP, BoC Rate Decision Awaited

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Australian dollar extends recent down trend and reaches new four year low against dollar after GDP disappointment. Q3 GDP grew 0.3% qoq versus expectation of 0.7% qoq and slowed from Q2's 0.5% qoq. Yoy growth was unchanged at 2.7%. Looking at the details, one aspect to note is that real



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