Sunday, 8 January 2023

Australian Dollar Leaps Despite Weak Data as the US Dollar Slides. Higher AUD/USD?

The Australian Dollar motored higher with the US Dollar giving up ground on the back of conjecture that the Federal Reserve might have wriggle room on looming hikes. Where to for EUR/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...