Tuesday, 2 October 2018

USMCA Deal Bolsters USD/CAD Downtrend as AUD/USD, EUR/AUD Eye RBA

The new trilateral NAFTA deal, named the USMCA, offered the Canadian Dollar aggressive gains as the USD/CAD downtrend was bolstered. Meanwhile, AUD/USD and EUR/AUD await 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...