The Australian dollar ends yesterday stable around 0.7028 .
Trading week at a glance - AUD/USD is up to 0.7028, after closing yesterday at zero. Overall, a 0% move or 7,028 pips this week. (Trade Aussie-Dollar with FXTM now).
This move comes while some more positive signs for the Australian dollar are out as United States Consumer Confidence published today at 15:00 UTC came out at 107.1, falling short of the 109 projections and continuing its decline from the previous 109 figure.
Nevertheless, following a previous reading of 1.4%, Retail Sales in Australia released today at 00:30 UTC fell short of the -0.3% figure expected by analysts with an actual reading of -3.9%.
At the same time, Australia Consumer Price Index released Wednesday with a figure of 1.9, while the previous figure was 1.8. Australia Private Sector Credit published today at 00:30 UTC came out at 0.3%, falling short of the 0.5% projections and continuing its decline from the previous 0.5% figure. Australia CFTC AUD speculative net positions released Friday with a figure of -33,200, while the previous figure was -33,600.
The market is looking forward to the release of new data: Australia Interest Rate is expected Tuesday. Australia Building Approvals (MoM) (Dec) is scheduled for Thursday. Australia AIG Manufacturing Index (Dec) is expected today at 21:30 UTC.