Monday, 6 June 2022

Australian Dollar Roars Higher After RBA Hike by 0.50%. Where to for AUD/USD?

The Australian Dollar spiked after the RBA surprisingly moved the cash rate target to 0.85%, an increase of 0.50%. Will AUD/USD rally from here?

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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...