Wednesday, 28 June 2023

Australian Dollar Fails to Firm on Strong Data as US Dollar Gains. Lower AUD/USD?

The Australian Dollar backed away from higher ground after the US Dollar ascendency got back on track as markets digest the Federal Reserve’s prospective rate path. Where to for 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...