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Export data points to strong outlook, RBA holds fire

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The Aussie put in a solid performance today boosted by solid third quarter export data this morning. Net exports of GDP rose 1.5% in the third quarter, up from -0.6 in Q2 and higher than the 1.3% estimated. This of course has seen a meaningful change in tomorrow Gross Domestic Product expectations with banks scurrying to revise estimates. More info and analysis on the export data and tomorrows GDP is available at Forexlive. One of the great benefits of a free floating currency is it relates

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