Australian Dollar (AUD) the AUD/USD was the best performing currency in the market overnight with the Q1 GDP smashing expectations at 1.3% vs. 0.5 % Q/Q and giving the Australian growth rate a 4 year high. The RBA had cut rates just the day before so the result confounded traders who had gone extremely bearish in recent weeks. UPDATE Australian May Employment at 38.9k vs. -2.2k forecast.
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