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Jun 3, 2026
Australia GDP misses expectations: What 0.3% growth means for AUD/USD
Australia’s Gross Domestic Product (GDP) rose 0.3% QoQ in the first quarter (Q1) of 2026 compared with the 0.8% growth in the fourth quarter of 2025, the Australian Bureau of Statistics (ABS) showed on Wednesday. This reading came in weaker than the expectations of 0.5% expansion.
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Jun 3, 2026
Australian Dollar trades below multi-decade high vs Yen after weaker GDP
The AUD/JPY cross remains on the defensive following the release of Australia's GDP report, though it manages to hold above the 114.50 area through the Asian session on Wednesday.
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