Monday, 27 January 2020

Canadian Dollar Forecast Remains Cloudy amid Declining Crude Oil Prices

Bank of Canada interest rate cut expectations continue to rise in the wake of the January BOC meeting. Now, rates markets foresee the first cut in April 2020 and a second cut in December 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...