Australian Dollar holds gains as US Dollar remains softer ahead of US Retail Sales – FXStreet

The Australian Dollar continues to hold onto its gains as the US Dollar remains weaker ahead of the release of US Retail Sales data. The Aussie Dollar has been performing well against its American counterpart, with investors keeping a close eye on the upcoming retail sales figures. The softer US Dollar has provided support for the Australian Dollar, as traders await the latest economic data to gauge the strength of the US economy. The market is eagerly anticipating the Retail Sales report, which could have a significant impact on the currency pair.