The Aussie Q4 GDP came in better year over year and as expected quarter over quarter, however much better than the Q3 readings. The AUD initially gained a bid on the release, but has since subsided to pre-release levels in the middle of the 90 cent handle against the USD. The details of the release are as follows:
GDP (QoQ) - Survey:0.9% Actual:0.9% Prior:0.2%
GDP (YoY) - Survey:2.4% Actual:2.7% Prior:0.5%
