Tuesday, 28 June 2022

AUD/USD Outlook Mired by Waning Bets for RBA Rate Hike in July

AUD/USD may face headwinds ahead of the Reserve Bank of Australia interest rate decision on July 5 as the central bank tames speculation for another 50bp rate hike.

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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...