Wednesday, 19 August 2020

S&P 500 and Gold Prices Wobble into Wall Street Close, AUD/USD May Fall

The S&P 500 and gold prices wobbled after the FOMC minutes undermined yield curve control bets. The AUD/USD may be vulnerable if Asia Pacific equities follow Wall Street lower.

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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...