Wednesday, 17 March 2021

AUD/USD Bounces Along 50-Day SMA Ahead of Fed Rate Decision

AUD/USD continues to bounce along the 50-Day SMA (0.7738) ahead of the Federal Reserve interest rate decision as the exchange rate defends the 2021 low (0.7564).

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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...