Wednesday, 9 October 2019

AUD, NZD Pop Higher On Report US Considering China Currency Pact

News that some progress might be made in US/China trade talks boosted growth correlated currencies, as did reports that the US will allow some companies to supply Huawei.

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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...