The AUD dove on weak data , with Australian May retail sales coming in at +0.3% m/m, below the expected +0.5%, and with China services PMI missing forecasts and Chinese stock market suffering another day of steep losses. This backdrop drove AUD-USD to a low of 0.7567, the lowest since Apr-2, when a 0.7533 low was seen. The other main currencies saw range-bound trade. EUR-USD flat-lined around 1.1080-90, comfortably above yesterday's 1.1032 low. More of the same seems likely for the remainder of the day, ahead of the referendum in Greece and with U.S. markets closed.
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