Tuesday, 24 March 2020

Canadian Dollar Price Outlook: Loonie in Focus, USD/CAD Tests 1.4500

The outsized breakout in USD/CAD has finally calmed, with five straight days of resistance showing around the 1.4500 spot. But are bulls done just yet?

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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...