Tuesday, 7 November 2023

Reserve Bank of Australia (RBA) Hikes Rates by 25bps, AUD/USD Slides Lower

The Australian central bank increased its official borrowing rate by 25 basis points, in line with recent expectations

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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...