Wednesday, 22 June 2022

AUD/USD Forecast: Weaker Commodities and Stronger USD Weigh on Australian Dollar

AUD/USD begins the European session on the backfoot with several headwinds suppressing the commodity linked currency as we look forward to Fed Chair Powell’s testimony.

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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...