Friday, 6 October 2023

Australian Dollar Q4 Forecast: AUD Vulnerable as Headwinds Stack up

The Australian dollar has sold off in 2H with further frailties ahead. AUD/USD threatens to breakdown while AUD/JPY gears up for a reversal at major resistance

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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...