Monday, 20 June 2022

Australian Dollar Bounces on Hawkish RBA but Iron Ore Weighs Where to for AUD/USD?

The Australian Dollar has drifted higher after the RBA's PR department went into overdrive to justify YCC and explain coming rate hikes. Will AUD/USD grind higher?

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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...