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AUD/USD Forecast: Q4 Aus Retail Sales Fall Less than Expected

AUD/USD Forecast: Q4 Aus Retail Sales Fall Less than Expected
Increased borrowing costs are finally having an impact on Australia’s consumer spending. Australia’s retail sales fell 0.2% to A$96.9 billion ($66.99 billion) in the December quarter. US nonfarm payrolls increased by 517,000 jobs in January. Today’s AUD/USD forecast is slightly bullish. Australian retail sales volumes decreased last quarter for the first time in a year … Continued The post AUD/USD Forecast: Q4 Aus Retail Sales Fall Less than Expected appeared first on Forex Crunch... Read More
Posted: Feb 6 2023, 07:46
Author Name: forexcrunch
Views: 102152

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