Tuesday, 5 September 2023

Australian Dollar Falls as GDP Slows; How Much More Downside for AUD/USD?

AUD after the Australian economy slowed in the second quarter, reinforcing the view that the RBA is done with hiking interest rates. What is the outlook 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...