Thursday, 10 September 2020

Canadian Dollar Forecast: Can USD/CAD Mount a Bullish Continuation?

After just recently falling to a 7-month low USD/CAD staged a brief break higher, moving above a key trendline as crude oil price declines undermined the Canadian Dollar. Where is USD/CAD headed?

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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...