Monday, 15 June 2020

S&P 500 Rejoiced on Fed Buying Corporate Bonds. AUD Eyeing RBA Minutes

The US Dollar fell and US equity markets rejoiced after the Fed announced it was going to purchase individual corporate bonds. AUD/USD rose, but the RBA meeting minutes could curb its rise.

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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...