Positive leads ahead of ECB Meeting tonight
Australian Dollar: Increasing the pressure on the Reserve Bank to further lower domestic interest rates Retail Sales suffered a surprise blow in the month of November falling by 0.1 percent. Coming in well below expectation the disappointing figure demonstrates the full extent of consumers spending cuts throughout the economy. Acting as a catalyst for the move lower the Australian dollar fell immediately after the announcement touching a mid afternoon low of 1.0485 against its US
