Friday, 1 May 2020

Australian Dollar Price Outlook: AUD/USD, AUD/JPY Reversal Underway?

AUD/USD and AUD/JPY both rebounded more than 15% from their March swing lows. Can the Australian Dollar stretch higher back? Or has a broader reversal in AUD price action already begun?

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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...