Monday, 3 August 2020

Nasdaq 100 Record High Faces Resistance, AUD/USD Turns to RBA Next

While the Nasdaq 100 has hit a record high, futures show that key resistance has held. The Australian Dollar fell amid rising local Covid-19 cases, now awaiting the RBA next.

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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...