# Downward pressure on AUD/USD continues heading into Australian GDP data

> A preview of Australia's September-quarter GDP release, forecast to show modest 0.4% growth. The piece describes ongoing weak household demand, per-capita recession and reliance on migration and public spending. The Aussie has been under pressure against the US dollar.

- Date: 2025-01-01 · published 2025-01-01T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/27219-downward-pressure-on-aud-usd-continues-heading-into-australian-gdp-data
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Weak domestic demand and the risk of rate cuts keep pressure on the Aussie, which affects the dollar value of Australian grain and barley exports. The data itself is unlikely to move grain prices directly.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- capital.com: https://capital.com/en-au/analysis/downward-pressure-on-aud-usd-continues-heading-into-australian-gdp-data

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.