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AUD/USD forms bullish flag after US retail sales data

FXStreet.com
 30 days ago

Cover picture for the articleEuropean stocks rose as investors continued to reflect on recent numbers from the US and Europe. The DAX, FTSE 100, and CAC 40 indices rose by more than 0.50% while American futures retreated. Ryanair, the giant budget airline was among the best performers after it boosted its five-year guidance by about 50%. Superdry shares rose by more than 18% after the company narrowed its loss to 36.7 million pounds in the previous year. This compared to a loss of more than 166 million pounds in the previous year. Another top mover was Marks and Spencer, which decided to close 11 stores in France.

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