Tuesday, 8 December 2020

AUD/USD Rate Outlook Hinges on Looming RSI Signal

AUD/USD consolidates after trading to a fresh yearly high (0.7454), RSI may show the bullish momentum gathering pace as it flirts with overbought territory.

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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...