Friday, 6 March 2020

Canadian Dollar Outlook: USD/CAD at Highs – Breakdown Brewing?

Spot USD/CAD price action is ping-ponging around a critical technical level, which presents breakout or breakdown potential, as forex traders digest conflicting fundamental developments.

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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...