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 |
|
|
1.6200 -35 pips |
1.6360 -125 pips |
1.62348 | |
| AUDCAD |
|
|
0.8979 -87 pips |
0.9035 +31 pips |
0.90657 | |
| AUDJPY |
|
|
100.0958 -207 pips |
101.7423 +42 pips |
102.162 | |
| AUDNZD |
|
|
1.0890 -134 pips |
1.1000 +24 pips |
1.10242 | |
| AUDUSD |
|
|
0.6562 -73 pips |
0.6639 -4 pips |
0.66351 | |
| AUDCHF |
|
|
0.5896 -117 pips |
0.6153 -140 pips |
0.60131 | |
| GBPAUD |
|
|
1.8696 -241 pips |
1.9123 -186 pips |
1.89372 | |
| AUDSGD |
|
|
0.9102 +140 pips |
0.9612 -650 pips |
0.89618 | |
| XAUAUD |
|
|
3252.8985 -24950 pips |
3559.8052 -5741 pips |
3,502.40 | |
| XAGAUD |
|
|
39.5820 -171 pips |
42.4068 -112 pips |
41.288 |
News (AUD)
Australia Services PMI Slips To 53.6 In April - Judo Bank
The services sector in Australia continued to expand in April, albeit at a slower rate, the latest survey from Judo Bank revealed on Friday with a services PMI score of 53.6.
RTTNews | 4 days ago
Australia Manufacturing PMI Improves To 49.6 In April - Judo
The manufacturing sector in Australia continued to contract in April, albeit at a slower pace, the latest survey from Judo Bank revealed on Wednesday with a manufacturing PMI score of 49.6.
RTTNews | 6 days ago
Australia Private Sector Credit Adds 0.3% In March
Private sector credit in Australia was up 0.3 percent on month in March, the Reserve Bank of Australia said on Tuesday - missing forecasts for 0.4 percent and down from 0.5 percent in February.
RTTNews | 7 days ago
