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5 Oct 2017

Australia retail sales post biggest fall since March 2013

Australia retail sales have posted their biggest fall in about four-and-a-half years, plunging 0.6 percent in August.

The decline contradicts economists' expectations of a 0.3 percent rise. The previous month's print was revised lower from 0.0 percent to -0.2 percent.

Aussie is losing altitude as the weak retail sales data overshadows the better-than-expected trade surplus of AUD 989 million.  

Oct 5, 2017

AUD/USD tanks, bond yield spread breaks lower on dismal Aussie retail sales

The offered tone around the Aussie gathered pace, pushing the AUD/USD below the 1-hour 50-MA level of 0.7836 after the Aussie retail sales unexpectedl
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Oct 5, 2017

AUD/NZD headed for a break of critical support post retail sales?

Currently, AUD/NZD is trading at 1.0944, down -0.21% on the day, having posted a daily high at 1.0994 and low at 1.0943. AUD/NZD dropped to test the
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