Thursday, 17 December 2020

Australian Dollar Outlook: Surging Iron Ore Prices Push AUD/USD Higher

The Australian Dollar broke above 0.7600 amid surging iron ore prices and a better-than-expected AU jobs report. Meanwhile, U.S. stimulus talks progressed amid record-breaking Covid figures.

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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...