Well, the dollar, which had the conn yesterday, seems to have lost the grip VS most currencies this morning, with the Aussie dollar (A$) the exception to the rule. The A$ has lost over 1 full cent overnight after a very weak Retail Sales for May, which came in at just 0.3% growth VS 0.5% expected. The markets were quite surprised by this soft print, especially considering that the Reserve Bank of Australia (RBA) cut rates in May, and the fact that Consumer Confidence was so strong… But, surprise - See more at: http://www.dailypfennig.com/2015/07/03/referendum-now/#sthash.Yy6P7gGt.dpuf
