Monday, 11 September 2023

Australian Dollar Holds High Ground as US Dollar Slips. Will Rates Drive AUD/USD?

The Australian Dollar lifted off to start this week after the US Dollar was pummelled after BoJ comments. Bond yields might continue to play a role. Will they turn in favour of 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...