Wednesday, 27 July 2022

Australian Dollar Eyes Retail Sales as Iron Ore Rises, US Dollar Falls

The Australian Dollar may continue rising against the US Dollar if Australian retail sales impress as iron ore prices rise. AUD/USD is nearing its post-wedge breakout target.

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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...