Thursday, 18 October 2018

Australian Dollar Falls as Soft China GDP Hurts RBA Rate Hike Bets

The Australian Dollar and local 2-year bond yields fell as China’s disappointing GDP datacooled RBA interest rate hike bets. Trade wars are also likely continue weighing on the Aussie.


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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...