Monday, 12 April 2021

Australian Dollar Outlook: US CPI Eyed as Chinese Trade Data Showed Import Surge

The Australian Dollar may be at risk despite Chinese trade figures that continued to hint at a global economic recovery. AUD/USD is eyeing US CPI amid a Head and Shoulders chart pattern.

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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...