After ending yesterday at 0.6656, Aussie-Dollar inches up to 0.6656 (down 6,656 pips) .
A good end to the trading week, AUD/USD is up to 0.6656, after closing yesterday at zero. Overall, a 0% move or 6,656 pips this week. (Trade the Australian dollar with FXTM now).
Nevertheless, highly important GDP data from Australia beat analyst expectations of 0.3 with a reading of 0.2. Fresh Retail Sales data released in Australia matched analyst forecasts with a reading of 0% -- a backwards step from its previous reading of 0.4%.
Meanwhile, Australia Interest Rate released yesterday at 04:30 UTC with a figure of 4.1, while the previous figure was 3.85. GDP in Australia fell short of market expectations (2.4%) with a reading of 2.3%, continuing the decline from the previous figure of 2.6%. Fresh AIG Manufacturing Index (May) data from Australia came out at -5.1.
Also worthy of note, Australia Trade Balance (Apr) is scheduled for tomorrow at 01:30 UTC. Australia Westpac Consumer Sentiment (Jun) scheduled to come out Tuesday. Australia NAB Business Confidence (May) is expected Tuesday.