Monday, 6 May 2019

AUD/USD Breakout Attempt Eyes RBA, US-China Trade War for Retest

The AUD/USD’s attempt to breakout lower eyes a potential RBA rate cut and renewed US-China trade war fears. Japanese markets are coming back online, Nikkei 225 may fall as Yen gains.


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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...