US dollar turned up after closing in red yesterday
The market sentiment is mixed, but there are still interesting movements on the market.
Australian Retail Sales
| This is a very important economic indicator. It presents the earliest look at consumer spending data and allows to make predictions about the country’s GDP. This year, the Australian dollar has been under pressure. If global trade tensions escalate, it will suffer even more. As the Reserve Bank of Australia is not going to raise an interest rate in the near future, the AUD can be only supported by the positive economic data. Let’s look if the figures are positive at 4:30 MT time on April 4. |
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How will the jobs data affect the AUD?
The Australian jobs data is announced on Thursday at 03:30 MT time.
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