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FX Watch: EUR/AUD and AUD/CAD Trends for an Upbeat Australian GDP Report

Posted on December 2, 2024

Australia’s upcoming quarterly GDP release could make or break RBA policy expectations, as another strong print could support their hawkish views.

Our Event Guide for the Australian Q3 GDP noted a few growth components that likely contributed to a faster pace of expansion for the period.

Here’s what I’m looking at on EUR/AUD and AUD/CAD in case the numbers surprise to the upside.

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