Monday, 3 July 2023

Australian Dollar Dips After RBA Pause on Hike Cycle. Will AUD/USD Go Lower?

The Australian Dollar collapsed after the RBA decided to keep the cash rate unchanged at 4.10%. The inflation gauges are now on centre stage for future rate moves. 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...