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A$ Holds Losses Despite Q3 Retail Sales Volume Data Beat

AUD

AUD/USD sits close to session lows, last near 0.6425 (lows at 0.6420). The better than expected Q3 retail sales data print (+0.2% q/q, versus -0.3% forecast, -0.6% prior), hasn't impacted sentiment positively.

  • We sit around 0.20% weaker versus Thursday closing levels in NY. Broader USD sentiment is a touch firmer in the first part of dealing (+0.05% for the BBDXY).
  • One headline for risk currencies is the dip in US equity futures in early Friday trade, led by Nasdaq futures (-0.35%) post a disappointing earnings update from Apple.

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