Australian Dollar continues the winning streak amid stronger Retail Sales

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Australian Dollar continues the winning streak amid stronger Retail Sales
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The Australian Dollar (AUD) extends gains for the third successive session, continuing the winning streak on Monday after rebounding from the yearly l

Australian Dollar strengthened due to the subdued US Dollar. Australia’s Retail Sales increased to 0.9%, significantly higher thanthe market consensus of 0.3%. US Dollar encountered a challenge after a moderate Core PCE Price Index data on Friday. ows. The AUD/USD pair continues with the gains due to the weaker US Dollar , which could be attributed to the economic data released on Friday from the United States .

A successful breach above this resistance could propel the currency towards the 23.6% Fibonacci retracement level at 0.6417. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of Australian Dollar against listed major currencies today. Australian Dollar was the strongest against the Swiss Franc. USD EUR GBP CAD AUD JPY NZD CHF USD 0.02% 0.06% -0.04% -0.10% 0.01% -0.23% 0.11% EUR -0.02% 0.03% -0.06% -0.12% -0.02% -0.25% 0.08% GBP -0.06% -0.03% -0.

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