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FX Watch: AUD/USD and GBP/AUD’s Opportunities in Case of Weak Australian GDP

Australia is dropping its Q3 2024 GDP this week!

Our Australian GDP Event Guide points out that continued weakness in consumer spending and imports outpacing exports may lead to another weak reading for the period.

Still, green shoots in business activities could keep the Reserve Bank of Australia (RBA) less dovish than its peers.

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