Australian GDP Proves Stronger than expected

Australia GDP numbers boost currency across the board

 The Reason:

 The Australian GDP was release on June 5th at 9:30 pm. The actual number was .6% more than last quarter’s GDP number. (1.0%) Traders were quick to react to the positive news and boosted the currency across most pairs.

 The View:

Previous Trade of the Day articles:

AUD/USD rallies higher breaking 17 year high

The Euro Peaks due to PPI numbers and ECB statements

Busy day for USD Traders