Wednesday, 5 December 2018

Bullish USD/CAD on Deteriorating CA Fundamentals and Dovish BoC

Hopes for a January/ March 2019 rate hike by the BoC have dropped aggressively, which as taken yield spreads wider and USD/CAD higher with it that may continue unabated.


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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...