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Jan 08 - 09:55 PM

AUD/USD - Edges Higher After Strong November Retail Sales

By John Noonan  —  Jan 08 - 07:40 PM
  • AUD/USD at session high around 0.6730 after strong Nov retail sales

  • Reaction measured, as it was trading around 0.6735 before the release

  • Monthly retail sales unlikely to impact RBA expectations in short-term

  • Monthly CPI out tomorrow likely to have a greater impact

  • AUD/USD resistance is at Monday's 0.6734 high and 10-day MA at 0.6766

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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