The Australian Dollar appreciated against the US Dollar, following the Australian GDP data release on Wednesday at 01:30 GMT. The AUD/USD exchange currency rate gained 15 pips or 0.23% right after the release. The Aussie continued trading at the 0.6780 level against the Greenback.
[/ANNOUNCE]The Australian Bureau of Statistics released the Australian GDP data, which came out in line with the expectations of 0.5%.
Bruce Hockman, the Chief Economist of the ABS said: "The external sector drove GDP growth this quarter, while growth in the domestic economy remains steady. Strength in mining related activity was seen across a number of measures in the economy."
| Date | 05.09.18 | 05.12.18 | 06.03.19 | 05.06.19 | 04.09.19 |
|---|---|---|---|---|---|
| Actual | 0.9% | 0.3% | 0.2% | 0.4% | 0.5% |
| Forecast | 0.7% | 0.6% | 0.5% | 0.4% | 0.5% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/JPY | 71.683 | 71.783 | 0.14% |
| AUD/USD | 0.67644 | 0.6773 | 0.13% |
| EUR/AUD | 1.62328 | 1.62125 | -0.13% |
| GBP/AUD | 1.78868 | 1.78646 | -0.12% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/JPY | 73.0% | 27.0% |
| AUD/USD | 72.8% | 27.2% |
| EUR/AUD | 25.3% | 74.7% |
| GBP/AUD | 64.9% | 35.1% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 12:15 | USD | ADP Non-Farm Employment Change | 148K | 156K |
| 15:00 | USD | Crude Oil Inventories | -3.5M | -10.0M |
| 16:00 | CHF | SNB Chairman Jordan Speaks | - | - |