Tuesday, 28 January 2020

Canadian Dollar and Crude Oil Prices Setting Up for a Reversal?

The Canadian Dollar rallied with crude oil prices, raising the question of reversals in USD/CAD and WTI. Wuhan Virus fears subsided for now as AUD/USD awaits Australian CPI data.

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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...