Monday, 23 September 2019

USDCAD Rate Rebound Sputters Amid Divided FOMC

The failed attempt to test the monthly-high (1.3383) brings the downside targets back on the radar for USDCAD as the RSI tracks the bearish formation from August.

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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...