Wednesday, 6 January 2021

Australian Dollar, S&P 500 May Rise as Georgia Senate Race Boosts Stimulus Bets

The Australian Dollar may rally with the S&P 500 despite Capitol Hill’s temporary lockdown as markets welcome fiscal stimulus prospects after Democrats likely won both Senate seats in Georgia.

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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...