Tuesday, 24 August 2021

AUD/USD Rate Rebound Takes Shape Within Descending Channel Formation

The recent rebound in AUD/USD may end up being short lived as the exchange rate trades within the confines of a descending channel.

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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...