AUD/USD Outlook: Australia’s Retail Sales Rebound in May

<p>Australian retail spending experienced a rebound in May Resilient consumption in Australia may strengthen the argument for another interest rate hike. Australia’s headline consumer price inflation decreased significantly to 5.6% in May. Today’s AUD/USD outlook is bullish. In May, Australian retail spending experienced a rebound, with consumers enticed by online sales events and promotional discounts. … <a href="https://www.forexcrunch.com/aud-usd-outlook-australias-retail-sales-rebound-in-may/">Continued</a></p>
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