Wednesday, 29 January 2020

Canadian Dollar Price Forecast - Will USD/CAD Resistance Hold or Fold?

The Canadian dollar continues to weaken against the US dollar since the start of the year and USD/CAD is now bumping into strong resistance ahead of the latest FOMC meeting.

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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...