AUD/USD: Hurdle for a sustained period of appreciation is high – SocGen

AUD/USD builds gains from last week’s 0.6458 low after surprise RBA hike. Economists at Société Générale discuss the pair’s outlook. Further tightenin
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Eurozone Retail Sales decline 2.6% YoY in April vs. -1.8% expected

Eurozone’s Retail Sales came in at 0% MoM in April versus 0.2% expected and -0.4% previous, the latest official figures released by Eurostat showed on
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