Tuesday, 8 January 2019

CAD Gains Cool Ahead of BoC, EURUSD Soft as Germany Heads for Recession - US Market Open

EURUSD is softer this morning in reaction to yet another soft reading out of Germany, CAD finds modest support amid the rise in oil prices.


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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...