Monday, 27 July 2020

USD/CAD Rate Eyes March Low Ahead of FOMC Rate Decision

USD/CAD appears to be on track to test the June low (1.3315) as it trades to a fresh monthly low (1.3425) ahead of the Federal Reserve interest rate decision on July 29.

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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...