Friday, 22 October 2021

Australian Dollar Outlook: AU-US Yield Spreads the Driver, Will it Steer AUD/USD Up?

The Australian Dollar ran up on widening yield differentials and commodity tailwinds. If those conditions ease, where will that leave AUD/USD?

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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...