Tuesday, 21 May 2019

USDCAD: USD Eyes Powell & Fed, CAD Climbs on USMCA & Oil

The Canadian Dollar climbs on the back of recent USMCA tailwinds and oil price gains, but the prospect of hawkish FOMC minutes due Wednesday threatens to keep USD bid.


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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...