Thursday, 4 October 2018

AUD Targets 9-yr Low Amid Rising US Yields and Trade War Tensions

For much of 2018 the Australian Dollar has largely been held captive from its Chinese proxy status, which has seen the currency drop 9% against the greenback.

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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...