The Australian economy grew by 0.9% in the first quarter of 2015. This was better than 0.7% expected. Also year over year, the country down under enjoyed a strong growth rate of 2.3%, higher than 2.1% that was on the cards.
AUD/USD continued its advance from the lows and hit a high of 0.7817, but doubts are creeping in.
Read the rest of the article Strong Australian GDP pushes AUD/USD to 0.78 – Can it hold?