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AUD/USD Outlook: Aussie Gains Despite Soft Retail Sales

AUD/USD Outlook: Aussie Gains Despite Soft Retail Sales
In August, Australian retail sales saw a modest increase, missing forecasts. Job vacancies in Australia decreased from record levels. Australia’s unemployment rate rose to 3.7% from its record low of 3.4%. The AUD/USD outlook improved as the pair gained 0.3% after hitting the 10-month low overnight amid the dollar’s surge. This rebound occurred despite Australian... The post AUD/USD Outlook: Aussie Gains Despite Soft Retail Sales appeared first on Forex Crunch... Read More
Posted: Sep 28 2023, 10:11
Author Name: forexcrunch
Views: 110777

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