AUDUSD weakened, As Retail Sales Decline - AUDUSD currency pair is seen trading lower on Monday (6/2) as a reaction to the retail sales data Country Australia in December weakened.
In the State of Australia, retail sales fell 0.1% in December than in November, far weaker retail sales price compared to the 0.3% rise in the previous month. In China, Caixin Services PMI will expand at 53.1, but misses the level already expected 53.6 and below the 53.4 figure the previous month. Weak Chinese data also makes Aussie currency weakened because China is the main destination countries Australia's mineral exports.
At the time of writing, AUDUSD is reduced by about 0.32% to 0.7653 from last weekend's closing level at 0.7678. The US dollar index, which measures the strength of the greenback against six other major currencies, flat at 99.80. Try "demo account Trading"