Monday, 17 August 2020

USD/CAD Eyes January Low Even Though Canada Finance Minister Resigns

USD/CAD trades to a fresh monthly low (1.3185) even though Canada Finance Minister Bill Morneau resigns and steps down as a member of parliament.

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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...