Sunday, 8 September 2019

AUDUSD Rebound Unfazed by Dismal China Trade Balance as PBOC Cuts RRR

The breakout in AUDUSD appears to be unfazed by dismal data prints coming out of China, with the exchange rate preserving the higher highs and lows from last week.


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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...