Wednesday, 5 May 2021

AUD/USD Sinks as China Suspends Economic Talks with Australia, Will Support Break?

The Australian Dollar fell as China’s NDRC suspended economic talks with Australia ‘indefinitely’, risking escalating tensions. AUD/USD remains glued to risk trends ahead of the US jobs report.

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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...