Tuesday, 2 October 2018

Italy, Emerging Markets and Fed Offer Support for an AUD/USD Short

Italian budget woes, emerging market developments and tighter monetary policy from the Fed support a fundamental argument to short the Australian Dollar against its US counterpart.

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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...