Monday, 27 April 2020

USD/CAD Rate Tracks Monthly Range as Federal Reserve Expands MLF

USD/CAD may continue to track the monthly range as the break of the descending channel formation fails to produce a test of the April high (1.4298).

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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...