Australia’s Retail Sales, a measure of the country’s consumer spending, jumped 0.5% in July on a monthly basis when compared to the expected 0.3% incr
ease and June’s 0.8% decline, the latest data published by the Australian Bureau of Statistics showed on Monday.Household goods retailing fell 0.2% in July, in seasonally adjusted terms.
AUD/USD failed to find any inspiration from the upbeat Australian data. The spot is trading at 0.6430, up 0.45% on the day, as of writing.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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