Tuesday, 9 October 2018

AUD/USD Rate Forecast: Rebound Takes Shape as Bearish Momentum Abates

AUD/USD extends the rebound from earlier this week as the bearish momentum abates, with recent price action raising the risk for a large recovery in the exchange rate.

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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...