The Australian dollar continues to sag, as AUD/USD lost close to 200 points last week. The upcoming week promises to busy, with three major events on the calendar - Retail Sales, Building Approvals and Trade Balance. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. The US economy continued to post strong numbers, as New Home Sales beat the estimate and GDP sparkled with a 4.6% gain in Q2. Down under, RBA Governor Glenn Stevens said that the RBA was concerned about a housing market correction, and would consider tightening credit regulations to ease the rise in home prices. ... (full story)