Australian Dollar Spiked Lower as Australia Enters First Recession in 29 Years
Summary
By sueyangfx.com September 02, 2020 at 04:13AM The Australian Dollar spike lower after second quarter GDP confirmed the country had entered its first recession in almost 30 years.
More On DailyFX - Market News
- US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?
- Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?
- Supportive USD Fundamentals and DXY Setup Ahead of FOMC
September 02, 2020 at 04:13AM
The Australian Dollar spike lower after second quarter GDP confirmed the country had entered its first recession in almost 30 years.