Australian Dollar slips versus greenback on retail sales data

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank SA
Aussie weakened against all its major counterparts after data showed country's retail sales unexpectedly contracted in April, stimulation pressure on RBA to cut interest rate in order to promote growth. Australian currency declined 0.5% versus US Dollar to USD 0.9796. New Zealand Dollar dropped 0.3% against greenback to USD 0.7604. Currently AUD/USD is trading at  USD 0.9798 and NZD/USD is trading at USD 0.7601. 
Back to articles

Actual Topics

Wed, 30 May 2012 06:32:04 GMT

Fed is prepared to face Eurozone's fallout

According a top official, the US Fed is ready to face any consequences from the Eurozone's deepening debt crisis. Charles Plosser, Philadelphia Fed President, said that in the short term worries over Eurozone might be beneficial for the US economy, due to lower US interest rates and energy prices. Additionally, troubles in Greece might result in more global funds being

Wed, 30 May 2012 07:37:03 GMT

Australian retail sales unexpectedly fell in April

The  retail sales in Australia unexpectedly fell in April, posting a drop for the first time since March 2011, sending country's stocks, borrowing costs and currency lower. Retail sales declined 0.2% to USD 20.7 billion in previous month from March. The sales data increase pressure on the Reserve Bank of Australia to lower further its benchmark rate. A cut from

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.