Sunday, 5 July 2020

USD/CAD Rate Outlook Mired by Failed Attempt to Test June High

USD/CAD appears to have reversed course amid the failed attempt to test the June high (1.3801), with the exchange rate carving a series of lower highs and lows in July.

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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...