Australia's Dollar Is Up On Better-Than-Expected Figures


The Australian dollar was trading 104.89 US cents, after data published at 11:30 today by the ABS showed that retail sales were way better than expected, soaring 1.3% in February.

The market was only expecting them to be 0.3%

Meanwhile, the ABS also put its building approval figures out. They were up 3.1%. That’s also better than expected.

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