Tuesday, 6 September 2022

US Dollar Surge Threatens APAC Trading as China Lockdowns Weigh on Risk Assets

The US Dollar surged after US economic data bolstered rate hike bets, sending stocks lower and Treasury yields higher. Traders have Australian GDP data and China's trade balance in focus.

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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...