Monday, 1 February 2021

US Dollar Outlook: AUD/USD Primed for Volatility with RBA on Tap

The US Dollar strengthened broadly throughout Monday's trading session and pushed the DXY Index to eight-week highs. AUD/USD price volatility might intensify around the RBA decision due.

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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...