Stalemate for Aussie-Dollar bulls and bears .
A good end to the trading week, AUD/USD is up to 0.698, after closing yesterday at zero. Overall, a 0% move or 6,979 pips this week. (Trade Aussie-Dollar with FXTM now).
This move comes while some more positive signs for the Australian dollar are out as highly important Retail Sales data from Australia beat analyst expectations of 0.6% with a reading of 1.4%.
On the flip side, United States Initial Jobless Claims came out at 205,000, better than analyst estimates of 215,000 and improving upon the previous reading of 206,000.
At the same time, Australia CFTC AUD speculative net positions released today at 20:30 UTC with a figure of -33,700, while the previous figure was -36,300. Australia Home Loans (MoM) came out at -2, while a consensus of analysts was expecting -3. United States Consumer Price Index released yesterday at 13:30 UTC with a figure of -0.1%, while the previous figure was 0.1%.
Also worthy of note, Australia Employment Change projected to decline to 22,500 while previous data was 64,000; data will be released Thursday.
Furthermore, the market is looking at Australia Unemployment Rate is expected Thursday. Australia Full Time Employment is expected Thursday.
