AUD/USD hit fresh 4-year low

FXStreet (Córdoba) - AUD/USD dropped further after the release of US economic and reached a fresh 4-low at 0.8512. Currently trades at 0.8525, almost a hundred pips below the price it had at the beginning of the day.

Since Monday the aussie lost 150 pips versus the US dollar and is now headed toward the lowest daily close since July 7, 2010. The pair is falling for the fourth time out of the last five trading days.

USD up after GDP revision

The new estimate of Q3 GDP surprise analist that were expecting a revision from 3.5% to 3.3%, but the number showed that the economy grew at a rate of 3.9%. Greenback rose across the board particularly versus the yen, the aussie and the kiwi.