Monday, 20 January 2020

USD/CAD Rate to Take Cues from Bank of Canada (BoC) Forward Guidance

The Bank of Canada (BoC) interest rate decision may influence the near-term outlook for USD/CAD as the central bank remains reluctant to reverse the rate hikes from 2018.

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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...