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Why US is the major influence in Australian Financial Markets

 

Why US is the major influence in Australian Financial Markets

Yesterday is Aussie GDP figures grew, both for the quarter and the year. That caused a 50 pip rise in the Aussie dollar vs. the USD.

Of course, the time zones are different, with the Sun rising and setting somewhere else on the clock over there.

 

Why US is the major influence in Australian Financial Markets

The US is a major influence in markets all over the world.