Thursday, 19 March 2020

Canadian Dollar Forecast: USD/CAD Stalls Near 2016 High, Will it Reverse?

USD/CAD exploded higher this week as volatility surged and crude oil collapsed further. Now, the pair has slowed its ascent near the 2016 high and is showing signs of weakness.

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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...