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AUD/USD Price Analysis: Retail Sales Climb, Consumer Confidence Slips

Started by forex4you, Nov 09, 2022, 11:50 am

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AUD/USD Price Analysis: Retail Sales Climb, Consumer Confidence Slips

Australia’s retail sales went up, showing strong demand. Consumer confidence in Australia dropped to 0, below the long-term average. Australia’s demand remains high due to record-low unemployment. Today’s AUD/USD price analysis is bullish. October was another excellent month for sales and profitability for Australian businesses, but rising prices and a drop in forward orders hurt … Continued


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