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AUD/USD: Trading the Australian Retail Sales
Australian Retail Sales is considered the primary gauge of consumer spending. The indicator provides analysts and traders with an early look at consumer spending. A reading that is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Thursday at 00:30 GMT. Indicator Background Consumer spending is one of the most important components of the economy, and strong numbers in this sector signify growth and a stronger economy. The November reading of 0.1% was a disappointment, falling short of the estimate of 0.3%. The forecast for ... (full story)
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- Feb 4, 2015 6:02pm Feb 4, 2015 6:02pm
- traderathome
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- yunyoungro
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don't find the correct answer in market. just feel it and follow the wave.
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- Bear-Trader
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