Monday, 10 August 2020

USD/CAD Rate Rebound Undermined by Crowding Behavior in US Dollar

Current market conditions may keep USD/CAD under pressure as the crowding behavior in the US Dollar persists.

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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...