Thursday, 30 July 2020

Canadian Dollar Price Forecast: USD/CAD Pops Even as USD Drops

USD weakness has been pervasive in most major FX pairs, with this morning showing a notable exception in USD/CAD. Is the pair nearing reversal?

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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...