Thursday, 29 October 2020

AUD/USD Selloff May Deepen With Stalemate on Fiscal Talks. Biden Leads

AUD/USD may decline as it tests key support amid swelling risk aversion from bipartisan intransigence over fiscal stimulus and a spike in Covid-19 cases.

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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...