Sunday, 15 August 2021

Australian Dollar Down on Weak China Data. Is AUD/USD Ready to Break Out?

The Australian Dollar continued to move lower immediately after Chinese Retail Sales and Industrial Production numbers came in below expectations. AUD/USD may test range support.

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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...