Thursday, 5 December 2019

USD/CAD Rate Forecast: Monthly Opening Range Warns of Further Losses

The monthly opening range casts a bearish outlook for USD/CAD as the exchange rate snaps the range-bound price action from the last week of November.

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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...