Thursday, 25 July 2019

AUDUSD Rate Capped by 200-Day SMA Ahead of Australia Inflation Report

AUDUSD stands at risk for a further decline ahead of Australia’s CPI report as the rebound from the June-low (0.6832) stalls ahead of the 200-Day SMA (0.7087).


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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...