Monday, 4 May 2020

USD/CAD Stalls as Crude Oil Prices Soar, AUD Faces RBA Next

The USD/CAD stalled at resistance as crude oil prices soared and sentiment recovered. Volatility may be due for the Australian Dollar next as it faces the RBA rate decision.

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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...