Monday, 13 January 2020

USD/CAD Forecast: 2020 Opening Range Foreshadows Larger Rebound

The monthly opening range raises the scope for a larger rebound in USD/CAD as the exchange rate fails to test the 2019 low (1.2952) during the first full week of January.

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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...