At 0.7529 Aussie/Dollar down to its lowest value in 3 months .
AUD/USD weakened earlier in the trading session before moving off the 0.7529 low and recovering almost back to 0.7637. (Start trading Australian dollars at FXTM today).
This downslide might be related to financial indicators data published earlier, as Australia Retail Sales released yesterday at 12:30 AM is better than expected at -0.8 but down from preceding data of 0.3 according to new data.
On the flip side, data for United States Non Farm Payrolls released today at 12:30 PM came out at 916,000, beating projections of 647,000 and showing improvement over the preceding figure of 468,000. The United States Unemployment Rate matches expectations with the new data release of six. This is also a step forward from the previous data of 6.2.
Meanwhile, released today at 8:30 PM, Australia's CFTC AUD speculative net positions showed an uptick coming in at 12,300, up from the previous number of 5,900.
Outlook for the rest of the week: market will be looking forward to upcoming data for Australia Interest Rate figure projected at 0.1 while it previously stood at 0.1, data will be released on Tuesday.