AUD/USD showed some volatility during the week, but showed little change at the end of the week. The pair closed at 0.7337. The upcoming week is very quiet, with just two events. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD.
The Fed continues to remain mum about a rate hike, so the guessing game on the part of the markets continues. Retail Sales were strong, but employment and consumer confidence numbers were slightly lower than expected. In Australia, Business Confidence fell sharply.
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