AUD to Pare Losses on Upbeat Retail Sales Report, Narrowing Deficit

Positive developments out of Australia may spur a near-term rebound in AUD/USD as it dampens bets for another RBA rate-cut in 2016.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/05/04/AUD-to-Pare-Losses-on-Upbeat-Retail-Sales-Report-Narrowing-Deficit.html?DFXfeeds=forex:fundamental:us_dollar_index:daily_dollar