Thursday, 16 January 2020

Australian Dollar Firm As China GDP Matches 27-Year Low

The Australian Dollar edged higher as China's growth data for 2019's final quarter came in as expected at 6.0%. This is still very weak by recent history, but at least on track to official targets.

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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...