Friday, 6 May 2022

Australian Dollar Outlook: RBA Action Does Little to Boost AUD

The Australian Dollar got an initial kick from an RBA rate lift-off, but the Fed outdid them and the US Dollar soared. Will AUD/USD make new lows?

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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...