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AUD on its session low after worse than expected contraction in Q2 GDP

AUD on its session low after worse than expected contraction in Q2 GDP

The Australian dollar had dropped, as had other currencies, but the release of the data for Q2 took a few more points out of it:
The drop was larger than expected, but expectations were expressed with low levels of certainty, it was always going to be a tough call getting estimates correct for this data point. 

Source: Forexlive RSS Breaking news feed
Date: September 2, 2020, 12:05