Australian Dollar appreciates despite lower GDP Q1 – FXStreet
The Australian dollar rose on Wednesday on a risk-on mood. Australia’s first-quarter GDP grew 0.1% from the previous quarter, below expectations of 0.2%. Caixin China Services PMI rose to 54.0 in May, marking the 17th consecutive month of expansion in services activity. The US dollar could rebound due to rising US Treasury yields. The Australian […]