Tuesday, 29 October 2019

Australian Dollar Finds Support As 3Q CPI Data Match Expectations

The Australian Dollar had wilted into this important release, suggesting that some in the market were looking for more weakness. In the end inflation was as expected, still below target.

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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...