Thursday, 16 May 2019

GBPUSD Breaks Support, AUDUSD Drops, RBA Rate Cut Coming - US Market Open

GBPUSD is once again on the backfoot with the pairing posting a fresh 3-month low. Rising Aussie unemployment rate confirms RBA rate cut is coming.


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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...