Tuesday, 9 November 2021

AUD/USD Clings to Support After Chinese CPI and PPI Surge Higher

AUD/USD remained depressed after China reported higher consumer and factory gate prices for October. The 50-day SMA is underpinning prices through Wednesday's session.

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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...