Monday, 16 March 2020

AUD/USD Fast Approaching 2008 Bottom With US Recession Possible

The Australian Dollar is fast approaching the 2008 bottom after another worst day on Wall Street since 1987. Trump hinted a recession may be due with the virus relief bill in focus.

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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...