Tuesday, 5 July 2022

AUD/USD Grips Trendline as Shanghai Covid Fears Resurface

The Australian Dollar fell to a US Dollar that was boosted by safe-haven demand overnight. The RBA's chart pack is due out today, but traders are digesting news of new Covid testing out of Shanghai...

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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...