Anthony from Moneycorp Posted March 7, 2019 Share Posted March 7, 2019 GBP/AUD rose to a fresh 33-month high on weaker than expected Australian retail sale growth Monthly results of Aussie retail sales and trade balance flashed mixed signals for the AUD traders on Thursday. With little economic data on hand to follow, investors may now observe developments concerning Brexit and the US-China trade ahead of Friday’s trade balance figures from China. While the British Pound (GBP) is rising against the AUD, it has its own problems in the form of Brexit. Latest developments say that the EU-UK leaders’ meeting in Brussels summed up without any progress as both the sides continue to jostle around Irish backstop. Quote Link to comment Share on other sites More sharing options...
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