Monday, 22 August 2022

AUD/USD Buoyed After PBOC Action as Wall Street Stocks Sink

The risk-sensitive Australian Dollar held up fairly well against a US Dollar that surged amid a deep selloff on Wall Street.

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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...