Thursday, 19 August 2021

AUD/USD Selloff Deepens as Australian Lockdowns Prompt US Dollar Haven Flows

The Australian Dollar selloff worsened overnight despite a better-than-expected jobs report. Australian lockdowns see no light at the end of the tunnel after record daily cases were reported.

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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...