Fri, 03 Jul 2015 11:45:07 GMT
Aussie falls against Greenback amid weak retail sales
The Australian Dollar continued to slide against the US Dollar on disappointing consumer spending data and slump in prices of iron ore. The Aussie dropped 0.8% to $0.7571 by 7:45 AM GMT, which is the three-month low, however, above the six-year low of $0.7533. Retail sales in Australia increased by 0.3% in May, compared with the expectation of 0.5%, and