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Tuesday, February 28, 2017

[FOREX NEWS] Australian dollar holds high ground on strong GDP, good Chinese data

While a hawkish Fed boosts the USD higher, one currency stands out against this storm, and that is the Australian dollar, holding its ground and not retreating. The Aussie has two good reasons to rise. The economy grew by 1.1%, in Q4 2016, much stronger than 0.8% expected. It is also a big bounce from [...]

The post Australian dollar holds high ground on strong GDP, good Chinese data appeared first on Forex Crunch.



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