Wednesday, 30 August 2023

Australian Dollar Spikes After China PMI Beat; Can AUD/USD Rise Toward 0.66?

AUD rose briefly on tentative signs that China's manufacturing activity could be reviving. Can AUD/USD rise toward 0.66?

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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...