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Currencies – Retail Sales Make Unpleasant Surprise, Sending AUD Down

Posted on: May 5, 2011

The Australian dollar fell today, posting the fourth day of losses against its US counterpart, after the report showed an unexpected drop of the Australian retail sales. Australian retail sales fell 0.5 percent in March, after the four month of increases, including the rise by 0.8 percent in Febr

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