News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Mixed
Wall Street
Bullish
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Forex Update: As of 08:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.39% 🇬🇧GBP: 0.30% 🇪🇺EUR: 0.29% 🇳🇿NZD: 0.21% 🇨🇦CAD: 0.14% 🇯🇵JPY: 0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/j4fJPDEY10
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: US 500: 0.78% Wall Street: 0.51% France 40: 0.01% Germany 30: -0.11% FTSE 100: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/iShSJAHcN2
  • Euro Price Forecast: EUR/USD Perched Atop 200-MA with ECB In Focus - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/03/09/Euro-Price-Forecast-EURUSD-Perched-Atop-200-MA-with-ECB-In-Focus.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $EUR $EURUSD https://t.co/louQGcvBI5
  • Traders focus a lot of their energy on spotting the perfect time to enter a trade. While this is important, it is ultimately where traders choose to exit trades that will determine success. Learn about the three types of trading exit strategies here: https://t.co/muYkTNXH7s https://t.co/17PKF2fWMh
  • 🇩🇪 Balance of Trade s.a (JAN) Actual: €22.2B Expected: €16.4B Previous: €16.4B https://www.dailyfx.com/economic-calendar#2021-03-09
  • 🇩🇪 Balance of Trade (JAN) Actual: €14.3B Previous: €15.2B https://www.dailyfx.com/economic-calendar#2021-03-09
  • 🇩🇪 Balance of Trade (JAN) Actual: €14.3B Previous: €14.8B https://www.dailyfx.com/economic-calendar#2021-03-09
  • 🇩🇪 Balance of Trade s.a (JAN) Actual: €22.2B Expected: €16.4B Previous: €16.1B https://www.dailyfx.com/economic-calendar#2021-03-09
  • Brush up your knowledge on #tradewars with this tool from DailyFX research briefly outlining trade-war history dating back to the early 1900s here: https://t.co/ZWaL6laTU5 https://t.co/1gdOjST2dn
  • Heads Up:🇩🇪 Balance of Trade s.a (JAN) due at 07:00 GMT (15min) Expected: €16.4B Previous: €16.1B https://www.dailyfx.com/economic-calendar#2021-03-09
Australian Dollar Gains as Fourth Quarter GDP Rises

Australian Dollar Gains as Fourth Quarter GDP Rises

Christopher Almeida,

THE TAKEAWAY: The Australian Dollar continued gains from yesterday as fourth quarter GDP rose 0.6 percent and the economy expanded 3.1 per cent over the year.

Forex_Australian_Dollar_Gains_as_Fourth_Quarter_GDP_Rises_body_australiaGDP.png, Australian Dollar Gains as Fourth Quarter GDP Rises

Created Using Marketscope 2.0

Australian Gross Domestic Product (GDP) figures showed that the economy’s output rose 0.6 per cent over the final three months of last year which meant that for 2012, total growth seen was 3.1 per cent. Further good news came from Australian fourth quarter household spending which rose 0.2% versus the previous quarter.

The so called “Aussie” rallied on the GDP news which added to investor confidence in the currency which started with the Reserve Bank of Australia deciding to hold rates at its March meeting yesterday. The Australian Dollar has seen a steady decline since the middle of January 2013 touching 1.011 on the 4th of March but has since recovered to 1.028 as of the 6th of March.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES