Tuesday, 20 July 2021

Australian Dollar Outlook: AUD/USD Revival Hopes Flimsy on Retail Sales Miss

The Australian Dollar was kicked back lower after June retail sales crossed the wires at -1.8%, missing estimates of -0.7% and falling from 0.4% in May. RBA policy will shift into focus.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...