# AUD/USD remains capped under 0.6800, eyes on US Q2 GDP data

> AUD/USD traded near 0.6790 in Asian hours after Australian private capital spending fell 2.2% in Q2, below forecasts. Markets were looking ahead to US second-quarter GDP and Australian retail sales.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/29059-aud-usd-remains-capped-under-0-6800-eyes-on-us-q2-gdp-data
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Currency moves from routine data releases have only a marginal effect on dollar-denominated grain and oilseed prices.

## Read by commodity

- AUDUSD: neutral

## Sources

- fxstreet.com: https://www.fxstreet.com/news/aud-usd-remains-capped-under-06800-eyes-on-us-q2-gdp-data-202408290249

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