Wednesday, 8 January 2020

USD/CAD Forecast: RSI Offers Buy Signal Ahead of BoC Fireside Chat

USD/CAD may stage a larger rebound ahead of the fireside chat with BoC Governor Stephen Poloz as the RSI climbs above 30 and offers a textbook buy signal.

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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...