The Australian dollar is under pressure as markets await Chinese GDP

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Quick Recap Friday is historical today in manner that is unusual. Certainly the rally in Europe and on Wall Street will help lift the ASX in early trade if the 22 point rally in the December SPI200 futures is any guide. The reason Friday is more historical than usual is that traders, markets, are on tenterhooks awaiting the release of Chinese Q3 GDP. Obviously there has been much talk about the weakness of the Chinese economy recently and concerns were real enough for the Fed to delay the

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