Monday, 1 November 2021

Australian Dollar Sinks Despite RBA Scrapping Bond Yield Target, Where to for AUD/USD

The Australian Dollar weakened immediately after the RBA scrapped its April 2024 bond yield target, but kept rate hike bets in check. Can AUD/USD break lower?

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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...