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AUD/USD Forecast Fundamental Analysis | Australian Dollar / US Dollar

Australian Retail Sales for August decreased 1.7% monthly. Economists predicted a decrease of 2.5% monthly. Forex traders can compare this to Australian Retail Sales for July, which decreased 2.7% monthly.

AUD/USD | Australian Dollar to US Dollar Trading Analysis

AUD/USD collapsed to 3-week lows below 0.7300.

AUD/NZD Forecast Fundamental Analysis | Australian Dollar / New Zealand Dollar

The New Zealand GDP for the second quarter decreased 2.8% quarterly and 17.4% annualized. Economists predicted an increase of 1.3% and 16.3%. Forex traders can compare this to the New Zealand GDP for the first quarter, which increased 1.4% quarterly and 2.9% annualized. The New Zealand GDP Annual Average for the second quarter increased 5.1% quarterly, and GDP Expenditure increased 2.6% quarterly. Economists predicted an increase of 4.3% and 1.4%. Forex traders can compare this to the New Zealand GDP Annual Average for the first quarter, which decreased 1.4% quarterly, and GDP Expenditure, which increased 1.4% quarterly.

AUD/USD | Australian Dollar to US Dollar Trading Analysis

AUD/USD will decline from the resistance at 0.7486- Commerzbank.
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