Thursday, 8 August 2019

USDCAD Correction Stalls as Trump Tweets on Fed Policy, Strong Dollar

USDCAD pulls back from the monthly high as President Trump tweets that “the Fed’s high interest rate level, in comparison to other countries, is keeping the dollar high.”


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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...