Thursday, 20 October 2022

AUD/USD Outlook Mired by Failure to Push Back Above September Low

The recovery from the yearly low (0.6170) may end up being short-lived as AUD/USD struggles to push back above the September low (0.6363).

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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...