Friday, 21 September 2018

Bullish AUD/JPY on US Dollar Breakdown, Commodity & Chinese Support

The Australian Dollar touched a three-week high on improving global risk-sentiment as evidenced by a weakening US Dollar and higher commodities alongside resilience or lack of weakness in Chinese assets that could lift AUD/JPY.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...