Wednesday, 3 June 2020

Canadian Dollar Price Outlook: USD/CAD Grinds Around Big Fig Support

USD/CAD continues to test the 1.3500 level, even through the Bank of Canada rate decision; but sellers haven't yet been able to establish much for trends below 1.3500.

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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...