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Better Than Expected GDP Boosts AUDUSD

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On September 7th, the Australian Bureau of Statistics revealed that gross domestic product in the Australian economy had improved for the second quarter. Although the report findings will support higher demand for the Australian dollar against the US dollar, it won't help when it comes to higher interest rates in the short term.

Read the article here - http://forexalliance.com/2011/09/expected-gdp-boosts-audusd/

Posted-In: Forex Economics

 

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