Advertisement
Australia GDP Growth Rate YoY
65% of overall GDP goes for the service sector which accounts for Australia's majority industry. Though it is a major supplier of commodities, the country's economic prosperity in recent years has been focused on two sectors: mining (13.5% of GDP) and agriculture (2% of GDP). Manufacturing (11%) and construction (9.5%) are two other important industries in the country.
A higher than expected figure should be seen as positive (bullish) for the AUD while a lower than expected figure should be seen as negative (bearish) for the AUD.
Forex Sentiment (AUD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| EURAUD |
|
|
1.7272 -687 pips |
1.7978 -19 pips |
1.79588 | |
| AUDCAD |
|
|
0.8834 -86 pips |
0.8952 -32 pips |
0.89201 | |
| AUDJPY |
|
|
93.3899 -229 pips |
96.3566 -68 pips |
95.677 | |
| AUDNZD |
|
|
1.0834 -50 pips |
1.0900 -16 pips |
1.08844 | |
| AUDUSD |
|
|
0.6397 -133 pips |
0.6593 -63 pips |
0.65295 | |
| AUDCHF |
|
|
0.5300 +105 pips |
0.5518 -323 pips |
0.51950 | |
| GBPAUD |
|
|
2.0201 -613 pips |
2.0942 -128 pips |
2.08139 | |
| AUDSGD |
|
|
0.9241 +891 pips |
0.8843 -493 pips |
0.83497 | |
| XAUAUD |
|
|
5092.0000 +3581 pips |
5100.9194 -4473 pips |
5,056.19 | |
| XAGAUD |
|
|
44.7419 -1153 pips |
56.7120 -44 pips |
56.273 |
News (AUD)
Australia Central Bank Unexpectedly Maintains Status Quo
The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.
RTTNews | 11h 53min ago
Australia Manufacturing Sector Ebbs In June - S&P Global
The manufacturing sector in Australia continued to expand in June, albeit at a slower pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 50.6.
RTTNews | 7 days ago
Australia Inflation Eases In May
Australia's consumer price inflation softened more than expected in May, giving space for the central bank to lower its interest rate. The monthly Consumer Price Index indicator rose 2.1 percent year-on-year, following the 2.4 percent increase in April, the Australian Bureau of Statistics reported Wednesday. A similar lower rate was last seen in October 2024.
RTTNews | 13 days ago
