Tuesday, 21 May 2019

AUDUSD Risks Return to Flash Crash Lows as RBA Commits to Rate Cut

Overnight, the RBA Governor explicitly stated that the central bank has an easing bias, consequently, markets are near enough fully priced for a rate cut at the upcoming meeting.


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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...