The Impact of Greece on the AUD

Forex prices are often affected by macroeconomic data, including interest rates, GDP growth, unemployment rates and inflation, and political and economic news can also cause intermittent spikes. Although this hasn't affected the Australian economy at the age of writing, excluding the foreign exchange rates, the dread is that Greece's instability has the potential to spread to other economies. Already Greece is a part of the eurozone, and the euro has suffered its largest one-day drop since early May. More information: click

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