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Home.forex news reportFX Watch: AUD/CAD and AUD/CHF’s Support Zones if AU GDP Beats Estimates

FX Watch: AUD/CAD and AUD/CHF’s Support Zones if AU GDP Beats Estimates

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Tariff concerns are weighing on commodity-related currencies like the Australian dollar lately, but can a strong GDP read improve AUD demand?

Our Event Guide for Australia’s Q4 2024 GDP Report highlights that an upside surprise could reinforce the Reserve Bank of Australia’s (RBA) cautious stance on rate cuts and attract more AUD buyers.

Here’s why we’re watching AUD/CAD and AUD/CHF in case Australia’s Q4 growth beats expectations:

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