AUD/USD flows: Q3 GDP Missed

The Q3 GDP for Australia is a miss at 0.3% versus 0.4% expected. Household spending is a laggard as Australians deal with high inflationary pressure. The poor consumption sentiment shall drive the inflationary pressure lower in a near term and could lead to the RBA easing earlier than currently forecast.AUD/USD is down 0.48% to 0.6455.