Australia Momentarily Steals Greece’s Limelight

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Australian retail sales surprised the market on the downside, coming in at -0.1% for December (consensus +0.2%m/m). The aussie was sent around 20 pips lower immediately following the release, with investors pricing in an increased chance for a rate cut tomorrow. Also, Australian interbank futures suggest that traders are pricing

Post Title: Australia Momentarily Steals Greece’s Limelight
Author: admin
Posted: 6th February 2012
Filed As: Forex, Fundamental Analysis
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