[ccpw id="5"]

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

-


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:

This Article Is For Premium Members Only

Become a Premium member for full website access, plus get:

  • Ad-free experience
  • Daily actionable short-term strategies
  • High-impact economic event trading guides
  • Unlimited Access access to MarketMilk™
  • Plus More!



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Oil price spike likely to keep rates on hold but deepen divisions among Fed officials this week

As Federal Reserve officials gather for their two-day policy meeting this week, the oil shock from the Iran war could deepen...

Guggenheim Trims PT on Accenture (ACN) Amid Industry-Wide Multiple Compression

Accenture plc (NYSE:ACN) earns a place on our 13 stocks with consistent growth to buy right now. ...

Beeks Financial Cloud Swings to Pre-Tax Loss as Revenue Falls 7%

Beeks Financial Cloud Group (LSE: BKS) swung to a statutory pre-tax loss in the first half of its fiscal year after a structural change in how it...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img