Friday, 11 January 2019

Australian Dollar Cannot Bank On Trade Headline Support

The Australian Dollar has risen into the new year as hopes for détente between the US and China on trade have lifted risk appetite. This is likely to prove an unreliable source of support


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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...