Wednesday, 10 January 2024

Aussie Dollar Rises Despite Second Consecutive Monthly Drop in Inflation

The Australian dollar rose after the monthly CPI indicator revealed lower then expected inflation for November. However, services inflation remains a concern for the RBA

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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...