AUD/USD: bears retain control ahead of Australian consumer confidence

The AUD/USD pair fell to a fresh 2018 year low of 0.7433, before bouncing modestly, still ending the day in the red, undermined at the beginning of the day by local retail sales that came in flat in March, down from a previous 0.6% advance, and below market’s forecast of 0.3%. The pair fell sharply…

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