Monday, 24 October 2022

Australian Dollar Trails Chinese Stocks Lower Despite Dow Jones Gains

The Australian Dollar fell against the US Dollar despite a rosy Wall Street trading session. Fed bets eased after weak PMI numbers, bolstering equities, but Chinese stocks remain under intense selling pressure.

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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...