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AUD/USD: Trading the Australian GDP
Australian Gross Domestic Product (GDP) measures the production and growth of the economy. It is considered by analysts as one the most important indicators of economic activity. A GDP reading which is higher than forecast by the markets is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Wednesday at 1:30 GMT. Indicator Background Australian GDP is released quarterly and is a crucial indicator of the health and direction of the economy. Traders should pay close attention to the GDP release and treat it as a potential market-mover, as an unexpected reading ... (full story)
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