Wednesday, 29 April 2020

Australian Dollar Slide Halts As China PMI Holds Above 50 But Misses Forecast

The Australian Dollar was pressured as comments from Donald Trump on coronavirus retaliation against China hit risk appetite. News that China's manufacturing sector continues to expand steadied it.

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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...