The Australian dollar has already been feeling the heat from various pressures recently. With the GDP report on the horizon, could it send the currency tumbling even more?
Our Event Guide for Australia’s fourth quarter GDP in 2024 highlights some weak spots in growth, particularly in areas like consumer spending and trade.
I’ve got my eyes on how this could affect currency pairs like AUD/NZD and AUD/JPY, especially if the GDP figures turn out to be weaker than expected.
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