Friday, 27 September 2019

USD/CAD Weighed Down Despite Crude Oil Prices Returning to Symmetrical Triangle

The lack of an immediate global growth slowdown on the back of a Saudi oil supply shock has given room for risk appetite to rebound, benefiting the commodity currencies.

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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...