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Euro dips as large ECB hike in question

EUR/USD slipped to a new 20-year low earlier today, falling to 0.9864. Currently, the euro is trading at 0.9910, down 0.20%. Is ECB backtracking on a large rate hike? Eurozone…

Aussie slips after RBA raises rates

The Australian dollar is in negative territory today. In the European session, AUD/USD is trading at 0.6763, down 0.51%. RBA raises by 50bp The RBA isn’t getting much love, even…

Risk aversion sweeps across Europe

European stock markets are plunging at the start of the week following a day of mixed trade in Asia, with Gazprom’s announcement on Friday weighing heavily on the bloc. A…