Wednesday, 1 July 2020

USD/CAD Rate Reversal from March Low Keeps June High on Radar

The reversal from the March low (1.3315) may continue to evolve as USD/CAD trades within an ascending channel, with the June high (1.3801) still on the radar.

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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...