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USD/JPY, AUD/USD lower in wake of China GDP

China Q4 GDP data is here

It was a slight miss on the consensus median expectation from Bloomberg's survey

There was some volatility (in a small range, admittedly) in the AUD after the figure, but its now down on session lows:

I'm not believing that the AUD/USD should be hit so hard on this China GDP result (and IP, retail sales, investment data also ). The trend for the AUD has been weak, sure, so I am not gonna turn into a big bull on it, but I can't see this data as being too awful for the AUD .

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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