Friday, 20 December 2019

Canadian Dollar Outlook: USD/CAD Drops to Support, Will it Break Out?

The Canadian Dollar surged against its southern neighbor in December after encountering resistance around 1.3350. Falling to longstanding trendline support, will USD/CAD breakout in 2020?

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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...