Wednesday, 13 May 2020

Australian Dollar Stumbles As Covid Sees 594,000 Jobs Lost In April

The Australian Dollar was braced for terrible employment news, and duly got it. More jobs were lost than expected last month although the unemployment rate did not rise as sharply as had been feared.

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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...