Tuesday, 26 January 2021

US Dollar Outlook: AUD/USD Eyes Federal Reserve Announcement

AUD/USD price action extended higher on Tuesday as the US Dollar weakened broadly and erased prior session gains with traders shifting focus to the Fed rate decision on deck for release.

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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...