Tag: Australian economy updates

Australia's Retail Sales Exceed Expectations in NovemberIn a surprising turn of events, Australia's retail sales for November have surpassed expectations, showing a remarkable 0.6% month-over-month growth. This positive trend comes as a welcome relief...

RBA Deputy Governor Andrew Hauser made it clear today that the central bank is not considering immediate rate cuts due to high inflation levels. The recent positive employment data caused the market to delay...

Market Analysis of AUD/USDThe AUD/USD pair has recently experienced a temporary top at 0.6907, just shy of the 61.8% projection level of 0.6348 to 0.6823 from 0.6621 at 0.6915. This development suggests a potential...