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AUD / USD retraces from multi-year highs and moves with modest losses around the 0.7420 region

AUD / USD retraces from multi-year highs and moves with modest losses around the 0.7420 region

Weaker-than-expected Australian retail sales trigger profit-taking around AUD / USD on Friday. Market optimism weighs on the safe-haven USD and could help limit the slide. Investors await the release of the US monthly NFP employment report for further momentum. The pair AUD/USD moves lower during the European session on Friday, staying near the lower end […]