Friday, 5 June 2020

AUD/USD Rallies to Yearly Open Ahead of FOMC Rate Decision

The Australian Dollar has soared back to the yearly open highs, seemingly dismissing the imminent onset of Australia’s first recession in 29 years.

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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...