Tuesday, 28 January 2020

Australian Dollar Gains As 4Q CPI Inflation Beats Expectations

The Australian Dollar got a Wednesday lift on news that consumer prices rose at their strongest annualized pace for a year in 2019's final quarter. However underlying pricing power remains quite weak.

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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...