Thursday, 8 August 2019

AUD/USD Rise on RBA Philip Lowe at Risk to Trade Wars Post China CPI

Near-term Australian Dollar gains may be short-lived after commentary from RBA Governor Philip Lowe and mixed Chinese inflation data as trade wars remain an AUD/USD downside risk.


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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...