Tuesday, 9 August 2022

Australian Dollar Steady as China CPI Comes in Cool Ahead of US CPI. Will it Hit AUD/USD?

The Australian Dollar appears range bound after China's CPI and PPI were slightly lower than forecast while all eyes turn toward US CPI later today. Where to for AUD/USD?

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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...