Wednesday, 18 August 2021

AUD/USD Rate Tracks Descending Channel Ahead AU Employment Report

AUD/USD may continue to give back the advance from the November 2020 low (0.6991) as it trades within a downward trending 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...