Forex : AUD to Pare Losses on Upbeat Retail Sales Report, Narrowing Deficit




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Summary: https://www.dailyfx.com/forex/fundamental/us_dollar_index/daily_dollar/2016/05/04/AUD-to-Pare-Losses-on-Upbeat-Retail-Sales-Report-Narrowing-Deficit.html Positive developments out of Australia may spur a near-term rebound in AUD/USD as it dampens bets for another RBA rate-cut in 2016.