Wednesday, 12 June 2019

AUDUSD at Risk, Australia Jobs Data Underpins Another RBA Rate Cut

The AUDUSD downtrend is in focus after Australia’s unemployment rate missed its 5.1% target, fueling expectations that the RBA may deliver another rate cut relatively soon.


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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...