Thursday, 21 May 2020

Australian Dollar at Tipping Point as US-China Tensions Heat Up?

The Australian Dollar struggled at resistance after US-China tensions sent the Dow Jones and S&P 500 lower over the past 24 hours. This also benefited the haven-linked US Dollar.

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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...