Tuesday, 16 November 2021

AUD/USD Eyes Australian Wage Data After US Dollar Strengthens on Retail Sales

AUD/USD fell overnight after a better-than-expected US retail sales report lifted Treasury yields. Meanwhile, natural gas prices surged following a regulatory spat of Europe's Nord Stream 2 pipeline.

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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...