Tuesday, 7 May 2019

USDCAD Bullish Breakout in Focus as Crude Oil Price Decline Deepens

With oil prices turning lower once more, the Canadian Dollar is back under pressure. USDCAD’s recent symmetrical triangle could yield a topside breakout.


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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...