SasoKlobucaric
Short

AUD/CHF forecast 3 June 2015

FX:AUDCHF   Australian Dollar/Swiss Franc
Australian GDP growth surprised to the upside with 0.9 percent in the first quarter of 2015 over the previous quarter but it was the worst 2.3% on year over year basis in the last six quarters. AUD/USD             rose by more than 40 pips after the announcement. However, I decided to sell it at the highs as investments declined.

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