Monday, 1 July 2019

Australian Dollar Whipsaws As RBA Cuts Rates For Second Straight Month

The Australian Dollar fell initially but bounced quickly on news that the Official Cash Rate had been cut to a new record low of 1%, following an earlier reduction in June.


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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...