Australian Dollar Stronger as 3Q GDP Misses

Australian Dollar Stronger as 3Q GDP Misses

Assessment

Interactive Video

Business

University

Hard

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The video discusses the recent performance of the Aussie and Kiwi dollars in response to economic data. The Aussie dollar rose despite lower-than-expected GDP growth, while the Kiwi dollar faced pressure due to falling dairy prices and weak building data. The Reserve Bank of New Zealand is expected to hold rates longer. Meanwhile, the Bank of Korea decided to keep interest rates unchanged, with one board member noting that concerns were exaggerated.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the Kiwi respond to the changes in the Aussie?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of the Bank of Korea's meeting?

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