Friday, 12 November 2021

Australian Dollar Outlook: US Dollar, Treasuries, Commodities. Where to for AUD/USD?

The Australian Dollar weakened during the week as the fall-out from US CPI sent US yields higher, bidding up the US Dollar. Will AUD/USD find a base?

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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...