AUD/USD Outlook: Australia’s Retail Sales Rebound in January

Australian retail sales recovered in January. Analysts expect the Australian economy to grow by a respectable 0.7% in the December quarter. Core durable goods orders in the US rose in January. Today’s AUD/USD outlook is slightly bullish. After a sudden decline in December, mainly attributed to shifting consumer behavior, Australian retail sales recovered in January. … Continued The post AUD/USD Outlook: Australia’s Retail Sales Rebound in January appeared first on Forex Crunch.

AUD/USD Outlook: Australia’s Retail Sales Rebound in January

Australian retail sales recovered in January. Analysts expect the Australian economy to grow by a respectable 0.7% in the December quarter. Core durable goods orders in the US rose in January. Today’s AUD/USD outlook is slightly bullish. After a sudden decline in December, mainly attributed to shifting consumer behavior, Australian retail sales recovered in January. … Continued

The post AUD/USD Outlook: Australia’s Retail Sales Rebound in January appeared first on Forex Crunch.