# AUD Well Supported Ahead of a Busy Week — FX Corp | Foreign Exchange

> Australian retail sales for September rose 1.3% month on month, well above the 0.3% consensus. The Australian dollar was slightly weaker against the US dollar, trading at 0.7517. Iron ore, gold and copper all fell on the day.

- Date: 2021-10-31 · published 2021-10-31T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/44816-aud-well-supported-ahead-of-a-busy-week-fx-corp-foreign-exchange
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Stronger domestic data gives modest support to the Australian dollar, but the day's mixed moves in commodities leave no clear read-through for feed grain prices.

## Read by commodity

- AUDUSD: neutral

## Sources

- fxcorp.com.au: https://www.fxcorp.com.au/blog/2021/11/1/aud-well-supported-ahead-of-a-busy-week

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.