Monday, 6 January 2020

USD/CAD Susceptible to Further Losses Ahead of Canada Jobs Report

USD/CAD may continue to exhibit a bearish behavior ahead of Canada’s Employment report as the Relative Strength Index (RSI) sits in oversold territory.

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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...