Tuesday, 29 October 2019

Canadian Dollar Outlook: USD/CAD Plummets into Support- Loonie Stall?

The Canadian Dollar offensive has stalled with a three-week breakdown taking price into initial support. Here are the levels that matter on the USD/CAD weekly charts.

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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...