Tuesday, 17 March 2020

USD/CAD Rises Towards 2016 High. Dollar Rallies and Crude Oil Falls

The Canadian Dollar and crude oil prices are approaching their weakest points since 2016 amid the coronavirus outbreak. The US Dollar soared on haven demand and may continue gaining.

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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...