| Australian Bureau of Agricultural Economics increased |
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ronger
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| Australian Bureau of Agricultural Economics increased |
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Australian Bureau of Agricultural and Resource Economics increased the expectation of Australian dollar [forex] rate and GDP on 15th December.
In addition, some analysts expected that GDP increase of Australia in October of 2009 was 1.5%, coming up to the expectation value after revised by financial department last month. At the end of third quarter, the bureau expected that GDP increase was 0.5%.
Although export profit might be negatively affected by obvious appreciation of Australian dollar forex rate, consumer expenditure increase might provide support to the economic activities in total.
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forex,fxdd,mt4
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Tue Dec 15, 2009 10:29 am |
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Tue Dec 15, 2009 3:25 pm |
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