Tuesday, 1 September 2020

Australian Dollar Spiked Lower as Australia Enters First Recession in 29 Years

The Australian Dollar spike lower after second quarter GDP confirmed the country had entered its first recession in almost 30 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...