Retail sales rose a seasonally adjusted 0.4 percent in November from October, data from the Australian Bureau of Statistics (ABS) showed on Friday, better than economists’ expectations of a modest 0.3 percent rise. October sales were unrevised to show a 0.3 percent gain.The better-than-expected outcome was enough to send the Australian dollar about 20 pips higher to $0.7205, a level not seen …
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