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AUD/USD recovers slightly after steep slide

Friday, July 3, 2015 5:27 AM UTC

AUD/USD retracing its steps after the earlier steep slide to 0.7566, crawled back to 0.7596 but in unconvincing fashion
A combinations of soft ret sales data; China woes and Greek jitters weighed on AUD
Thin trading conditions played a role - stops below 0.7580 proved a magnet
AUS stocks down 1.9% at one stage as risk dumped ahead of Greferendum
Bad news (on Greece) could see AUD/USD thru 0.7534 to levels not seen since '09

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AUD/USD recovers slightly after steep slide

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