Tuesday, 7 April 2020

Post-RBA AUD/USD Rebound Stalls as S&P Cuts Rating Outlook to Negative

The recent rebound in AUD/USD appears to have stalled as Standard and Poor’s cuts Australia’s credit rating outlook to ‘negative’ from ‘stable.’

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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...