Monday, 11 September 2023

AUD/USD, NZD/USD Soar on US Dollar’s Slump, Dead Cat Bounce Ahead of US CPI?

AUD/USD and NZD/USD rally on broad-based U.S. dollar weakness, ahead of a key U.S. inflation report that could spark volatility and set the tone for financial markets in the near term.

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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...