AUDUSD
US Government Debt getting higher, makes dollar weaken.
Actual : 137.2
Pervious : 128.10
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
USA GDP Growth Rate QoQ Final (Q4)
Actual: 6.9%
Expected: 7.1%
Previous: 2.3%
The American economy expanded an annualized 6.9% on quarter in the last three months of 2021, 0.1 percentage point lower than in the second estimate. Still, it remains the strongest expansion since a record growth of 33.8% in Q3 2020, with private inventories making the biggest upward contribution (5.32 percentage points vs 4.9 percentage points in the second estimate), led by motor vehicle dealers and wholesale trade industries. Downward revisions to PCE (2.5% vs 3.1% in the second estimate); exports (22.4% vs 23.6%); nonresidential fixed investment (2.9% vs 3.1%), and state and local government spending (-1.6% vs -1.4%) were partly offset by upward revisions to private inventory investment; residential fixed investment (2.2% vs 1%); and federal government spending (-4.3% vs -4.5%). Imports were also revised up (17.9% vs 17.6%). Considering full 2021, the US economy expanded 5.7%, matching earlier estimates. source: U.S. Bureau of Economic Analysis