Sunday, 10 May 2020

Australian Dollar Eyes Resistance After Push in the Dow Jones

The Australian Dollar ended Friday on an upbeat along with the Dow Jones as sentiment improved. Still, AUD/USD faces what seems to be a formidable range of resistance ahead.

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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...