Monday, 20 May 2019

AUD/USD Downtrend Eyed as RBA Minutes Hint Rate Cut Possibility

The Australian Dollar depreciated as the minutes of the RBA May interest rate decision noted that a cut is “likely appropriate” if there are no further improvement in the labor market.


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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...