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The Australian dollar is drifting on Wednesday. AUD/USD is trading at 0.6674 in the European session, up 0.11% on the day. Australian retail sales climb 0.6% Australian consumers have been counting their pennies and reducing discretionary spending. Consumers are feeling the double squeeze of high borrowing costs and stubborn inflation, but retail sales pulled a […]

The post AUD/USD Shrugs as Australian Retail Sales Jump appeared first on Action Forex.

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