Mar 29, 2013
Forex: AUD/USD holding quiet above 1.04 ahead of April 02 RBA meeting
AUD/USD is last at 1.0414, mostly unchanged since early NY open, when final 4Q US GDP was released slightly below expectations at +0.4%, and consensus was looking for a +0.5% increase, the slowest since first quarter of 2011 according to Reuters. The pair is down -0.32% from previous Asia-Pacific open yesterday, and about the same for the week, with Aussie markets already closed over Eastern holiday.
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