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Offered, Retail Sales Fall In December

AUD

AUD/USD prints at $0.7040/50, ~0.2% softer in today's trading.

  • Retail Sales MoM fell 3.9% in December, a fall of 0.2% had been expected. This was the first monthly fall in the series in 2022.
  • AUD/USD fell to a post data low of $0.7039, dealing at $0.7060 before the print, before recovering to current levels.
  • AUD/NZD is dealing below $1.09 handle, after breaking its 200-day EMA after the data release.

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