Wednesday, 11 December 2019

Canadian Dollar Outlook: USD/CAD, CAD/JPY Levels Post-FOMC

The December Fed meeting saw USD/CAD crumble under pressure as Chairman Powell reiterated a dovish “wait and see” policy path for the central bank. Can the Canadian Dollar drive higher still?

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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...