# AUD: US GDP is a potential catalyst - TDS - Forex Crunch

> TD Securities says the advance reading of US Q2 GDP may be a bigger event risk for FX markets than Australia's uneventful CPI print. The analysts note the Australian dollar still largely follows broad US dollar moves.

- Date: 2018-07-25 · published 2018-07-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/64310-aud-us-gdp-is-a-potential-catalyst-tds-forex-crunch
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

The Australian dollar's direction against the US dollar affects the competitiveness of Australian grain, meat and other commodity exports, and the US GDP reading could move it.

## Read by commodity

- AUDUSD: neutral

## Sources

- forexcrunch.com: https://www.forexcrunch.com/blog/2018/07/25/aud-us-gdp-is-a-potential-catalyst-tds/

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