Wednesday, 29 September 2021

AUD/USD Rebound Intact After Mixed Chinese PMI Data, Downside Risks Remain

The Australian Dollar's strength versus the US Dollar was unfazed after China reported mixed PMI data. AUD/USD remains at risk, however, given broader risks within the Chinese economy.

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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...