Friday, 20 August 2021

US Dollar Holds High Ground. China Cracks Down as Risk Assets Eye Fed. Does AUD/USD Continue Lower?

The US Dollar moved sideways in Asia while Chinese equities melted under crackdowns and Delta variant concerns that continue to sway markets.

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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...