01-08-2016 14:35 via liteforex.com

AUD/USD: Decisions by the RBA can be a surprise for the market. Fundamental analysis for 01.08.2016

Forex analytics: According to data released last Friday, US GDP has grown by 1.2% in Q2 with the adjustment for the season, which is below the forecast of +2.6%. This news caused the decline in the USD last Friday and continues to put pressure on the USD this Monday. Average annual GDP growth has been the weakest since 1949. Investors’ expectation of the interest rate hike in the USA has declined. Now it is ...
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