Monday, 29 June 2020

AUD/JPY May Bloom if Chinese PMI Data Kindles Risk Appetite

The Australian Dollar may rise if Chinese PMI data for June rekindles risk appetite and reinforces the bullish narrative that economic stabilization may soon give way to a recovery.

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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...