Monday, 3 July 2023

Asia Day Ahead: Soft Start to the New Quarter; Key Focus on RBA Rate Decision

Major US indices drifted higher on lighter volume to deliver a positive start to the new quarter, as we head into the Independence Day holiday.

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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...