Monday, 6 April 2020

Canadian Dollar Forecast: USD/CAD Consolidates, Big Move Ahead?

USD/CAD edges lower after surging more than 5% last month. As the US Dollar breakout takes a breather, can the Canadian Dollar extend its recovery or is USD/CAD price action headed back higher?

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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...