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AUD falls in reaction to Chinese Q1 GDP data

AUD/USD opened in Asia at 0.7626. It slid to 0.7596 into the China data releases. There was an initial spike to 0.7635 after China’s GDP data came in within expectations at 7% but this was lower than the previous 7.3% and was the slowest growth since 2009. AUD/USD was sold again due to the dat...

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