Wednesday, 16 January 2019

USD/CAD Forecast: Bear-Flag Take Shape Amid Less-Hawkish Fed Rhetoric

Recent price action raises the risk for a further decline in USD/CAD as the exchange rate carves a bear-flag formation.


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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...