Wednesday, 16 October 2019

Canadian Dollar Price Outlook: USD/CAD Plummets to Fresh Weekly Lows

The Canadian Dollar rallied for the second consecutive day taking USD/CAD towards near-term downtrend support. Here are the levels that matter on the Loonie 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...