Tuesday, 8 September 2020

USD/CAD Rate Rebound Brings March/June Low on Radar

USD/CAD appears to be on track to test the March/June low (1.3315) for resistance as it breaks out of the range bound price action following Canada’s Employment report.

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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...