Australian GDP data pushes AUD/USD higher

Posted Wednesday, June 1, 2016 by
Skerdian Meta • 1 min read

Last night at 01:30 GMT the Australian quarterly GDP data was released and it came out great. It was expected at 0.6% but it came out at 1.1% while the last quarter was revised up by 0.1 %. The Australian Dollar surged higher obviously with AUD/USD reaching 0.73. 

AUD/USD jumped 60 pips after the GDP numbers were released

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