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A Busy Economic Calendar Puts the EUR and the Greenback Back in Focus


It was the 6
All 6 manufacturing sectors reported positive trading conditions.
Machinery & equipment and textiles, clothing, footwear, paper, & printing products reported particularly buoyant conditions.
The Aussie Dollar moved from $0.76104 to $0.76116 upon release of the figures that preceded retail sales and trade date.
Retail Sales
In February, retail sales fell by 0.8%, reversing a 0.5% rise from January. This was an upward revision to a prelim 1.1% decline in the month.
According to the ABS,
Food retailing fell 3%, while household goods retailing rose by 0.7%.
Clothing, footwear, and personal accessory retailing increased by 1.6% in the month, with department store retailing climbing 2.2%.
Cafes, restaurants, and takeaway food services retailing also increased, with sales rising by 1.1%. ....

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