Monday, 8 July 2019

AUDUSD Rate Outlook Mired by Failed Attempt to Test May High

The monthly opening range undermines the recent rebound in AUDUSD as the advance from the June-low (0.6832) fails to spur a test of the May-high (0.7061).


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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...