AUD/USD Price Breaks 0.7300 amid Risk-on, Upbeat Retails Sales

AUD/USD gains on better retail sales data. China’s sluggish investor sentiment and dismal GDP projection may weigh on the Aussie. The rise in US yields and Powell’s testimony may question the Aussie bulls. The AUD/USD price traded up 0.34% at 0.7305 after earlier data showing Australian retail sales decreased 1.7% from the previous month. Australia’s … Continued

The post AUD/USD Price Breaks 0.7300 amid Risk-on, Upbeat Retails Sales appeared first on Forex Crunch.

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