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AUD/USD – Aussie Steady as Chinese GDP Matches Expectations

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Australian dollar has posted small gains on Friday, repeating the trend which marked the Thursday session. AUD/USD is trading at the 0.7710 line in the European session. In economic news, Chinese GDP edged lower to 6.7% but matched the forecast. In the US, today’s key event is UoM Consumer Sentiment, with the estimate standing at 91.9 points. As well, the US releases two important manufacturing reports – the Empire State Manufacturing Index and Industrial Production. Chinese GDP for the

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