Tuesday, 31 May 2022

Australian Dollar Slipped Post GDP Amid Rising Risks on Several Fronts. Lower AUD/USD?

The Australian Dollar failed to find support after GDP numbers showed solid growth domestically as risks from Ukraine war, China Covid policy and USD remain.

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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...