Wednesday, 1 January 2020

USD/CAD Rate Trades Below 1.3000 Ahead of FOMC Minutes

The bearish behavior in USD/CAD may persist ahead of the FOMC Minutes as the RSI dips into oversold territory for the first time since 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...