Sunday, 29 November 2020

Australian Dollar Dismisses Positive Chinese Data as US Blacklists SMIC, CNOOC

The Australian Dollar initially pushed higher on the back of positive Chinese PMI data before the Trump administration's move to blacklist SMIC and CNOOC propelled the trade-sensitive currency 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...