AUD/USD on non-stoppable fall

AUD/USD was dragged 0.19% on strengthening of the US dollar at start of Monday’s trading session in Asia.
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Big miss in Australian retail sales, tiny chance of 50bp Aug cut priced in

Australian retail sales for the month of June MoM came at XX vs expectations of +0.4%, and prior of +0.1%. The data follows a fall below 40.00 in the Australian services sector, the first time it happens since the global financial crisis from 2008-2009.
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