Don’t waste your time – keep track of how NFP affects the US dollar!

Thank you for visiting our website

The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?

Personal area

Facebook like

How will AUD React to Australian Retail Sales?

How will AUD React to Australian Retail Sales?

Updated

What will happen?

Australian monthly retail sales will be announced at 04:30 MT time (GMT+3) on Wednesday, July 21. This indicator reflects the change in the total value of sales in a country during a month at the retail level. In other words, it shows how much more stuff people bought during the reference month than in the previous one.

The last report showed that retail sales in Australia rose by 0.4% month-over-month in June 2021. This marked the third consecutive month of increase but at the slowest pace in this sequence. It’s interesting to see whether the tendency continues or not.

How to trade on Australian Retail Sales?

  • If retail sales significantly increase in Australia, the AUD is likely to rise.
  • If retail sales drop, the AUD can fall.

Instruments to trade: AUD/USD, AUD/JPY, AUD/NZD

Check the economic calendar

aud_push.jpg

LOG IN

Deposit with your local payment systems

Be on top of your game

Got questions? FBS Oceania Customer Support is ready to help!

Contact us via email at support@fbsaustralia.com

or

Start Live Chat