US Retail Sales Strong, Aussie Budget Upcoming
Upbeat US retail sales numbers led to more speculation about Fed tapering Monday. The US dollar was the best performer while the Aussie lagged. The focus will remain on the Australian dollar today as the government delivers its latest budget. Both Premium longs in EURAUD are nearing their target. USDCAD also awaits as seen in the latest Premium Insights.
|Retail Sales (APR)|
|0.1%||-0.3%||-0.5%||May 13 12:30|
|Retail Sales (ex. Autos) (APR)|
|-0.1%||-0.2%||-0.4%||May 13 12:30|
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