The data is here, the 2% m/m is the biggest in 2 years:Sales for the month hit AUD 36.5bn. This is a record high. High inflation, and strong populatio
The data is here, the 2% m/m is the biggest in 2 years:
Sales for the month hit AUD 36.5bn. This is a record high. High inflation, and strong population growth have played a part in this, of course.
Still, AUD/USD catching a bid, showing some outperformance:
I suspect it’ll be fleeting, AUD is being shoved around by global developments more than local data.
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