Thursday, 1 November 2018

AUD Breaches Bearish Channel, GBP Choppy on Brexit Newsflow - US Market Open

The US Dollar is on the backfoot to begin the month with the index losing 0.6% having failed to consolidate above the 97.00 handle. AUDUSD has made a breach of the topside of the descending channel.


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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...