Thursday, 7 May 2020

Canadian Dollar Eyes Support as Wall Street Rally Sinks the US Dollar

The Canadian Dollar rose as an upbeat Thursday pushed Wall Street higher and weakened the haven-linked US Dollar. Asia Pacific stocks may rise, perhaps boosting the Australian Dollar.

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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...