Tuesday, 2 August 2022

AUD/USD Hit on Stronger USD, Geopolitical Headwinds After RBA Disappointment

The Australian Dollar sank against a broadly stronger US Dollar as geopolitical risks felled market sentiment. New Zealand posted strong/week second-quarter jobs data, but NZD failed to react.

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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...