Monday, 11 May 2020

AUD/USD Price Outlook: US Dollar Reverses on Powell Speculation

AUD/USD price action edges lower as the US Dollar strengthens with Fed Chair Powell expected to comment on negative interest rate policy at a scheduled speech later this week.

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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...