Thursday, 23 July 2020

USD/CAD Sell-Off Continues, Focus Now on Multi-Month Low

The Canadian dollar continues to outperform its US counterpart, pushing USD/CAD down to levels last seen in March this year. This trend remains intact but warning lights are flashing.

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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...