Retail sales data in 20 minutes and the AUD looks a bit sickly. The local sharemarket is 1% lower and the news out of Spain is not inspiring any risk rallies. Intraday traders will be eyeing .9750 on any disappointing data, as that was the NY close from Friday and they will be looking for a ‘gap close’ after the higher open on Monday morning.
AUD heads into retail sales data with sentiment decidely soggy
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