Wednesday, 30 January 2019

Fed-Boosted Australian Dollar Ticks Up On Modest China PMI Beat

The Australian Dollar had already risen sharply thanks to perceived rate dovishness from the Fed, but it rose again following China PMI data, despite news of further contraction in manufacturing


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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...