Wednesday, 18 March 2020

Australian Dollar Steady As RBA Makes Expected Coronavirus Rate Cut

The Australian Dollar market had been certain that a second interest rate reduction was coming this month. It was right. The Official Cash Rate has been trimmed to 0.25%.

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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...