Tuesday, 3 December 2019

USD/CAD Rate Fails to Test October High Again Ahead of BoC Meeting

The failed attempts to test the October high (1.3348) may generate a near-term correction in USD/CAD as the exchange rate tracks the price action from the third quarter.

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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...