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China GDP (YoY) Q3: 3.9% (exp 3.3% vs. prev 0.4%), Aussie remains volatile

China's delayed release of Gross Domestic Product has been released showing that the nation grew year over year for the third quarter by 3.9% vs. the expected 3.3% and the previous 0.4%.

AUD/USD is volatile on the day related to suspected Japanese forex market intervention. The pair is losing some 027% at the time of writing and has fallen to a low of 0.6348 from 0.6411 the high.

 

Australia to cut economic growth forecasts on lower consumer spending

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USD/JPY recovers majority of losses as risk appetite improves further, BOJ policy buzz

The USD/JPY pair has recovered almost its entire morning losses and has scaled back to near 149.00 in the Tokyo session. Earlier, the asset plunged to
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