Monday, 8 June 2020

Canadian Dollar Forecast: USD/CAD Attacks Support Ahead of FOMC

USD/CAD started the week off with weakness as the pair continues to probe Fibonacci support we outlined previously. Will Wednesday’s FOMC rate decision stall the descent, or spark another lunge lower?

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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...