Markets

Australia Q3 GDP negative and big miss on expected - AUD response

The Q3 Australian GDP has come in at a huge miss, data here

The AUD spiked lower and hasn't shown much of a recovery at all:

  • Selling has been broad-based, stops losses, levered names amongst those cited
  • There are Option-related bids coming in now around 0.7400
  • offers coming in at 0.7330/40

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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