Saturday, 11 April 2020

Canadian Dollar Forecast: USD/CAD Primed for Reversal with Oil

The Canadian Dollar and USD/CAD price action could be due for a reversal as crude oil drops despite an OPEC+ deal and coronavirus recession risk lingers ahead of the Bank of Canada meeting.

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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...