Day: June 7, 2017

Australian Dollar Gets Help from GDP & Construction Reports

The Australian dollar gained today, rising for the fourth consecutive session against the US dollar and the euro, as reports about economic growth and the construction sector were beneficial to the currency. Australia’s gross domestic product rose 0.3% in the March quarter from the previous three months on a seasonally adjusted basis. While it was a noticeable slowdown from the previous quarter’s 1.1% growth, the actual figure was better than predicted 0.2%. The Australian Industry […]