Monday, 3 December 2018

AUD/USD Ignores RBA in Favor of Risk Trends, Losses May Resume

AUD/USD rose slightly as the Reserve Bank of Australia kept the OCR at 1.50%, but upside follow-through may be threatened by negative RSI divergence and risk aversion.


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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...