Thursday, 27 December 2018

Canadian Dollar Weekly Price Outlook: Loonie at Turn or Burn Pivot

USD/CAD is up nearly 7% off the October low with price now approaching a critical inflection zone. Here are the levels that matter on the weekly chart into the year-end.


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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...