AUD/USD Outlook: Aussie Gains Despite Soft Retail Sales

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<p>In August, Australian retail sales saw a modest increase, missing forecasts. Job vacancies in Australia decreased from record levels. Australia’s unemployment rate rose to 3.7% from its record low of 3.4%. The AUD/USD outlook improved as the pair gained 0.3% after hitting the 10-month low overnight amid the dollar’s surge. This rebound occurred despite Australian…</p>
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