Talking Points:
– AUDUSD bucked by RBA cutting rates to record lows.
– EURUSD and GBPUSD stuck in ‘no man’s land’ in consolidations.
– See the DailyFX Economic Calendar for Tuesday, February 3, 2015.
15 central banks have embarked on dovish action this year – not a good sign for the global economy. See the above video from technical considerations in EURUSD, GBPUSD, and AUDUSD.
Read more: EUR/USD Daily 8-EMA, EUR/GBP Daily 13-EMA Trends in Focus Today
— Written by Christopher Vecchio, Currency Strategist
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Source: Daily fx