Friday, 2 September 2022

Australian Dollar Outlook: Data is Mixed but Lead Looks Ominous

The Australian Dollar has tanked in the aftermath of a hawkish Federal Reserve and Chinese growth concerns ahead of the RBA meeting. Will higher interest rates boost 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...