Monday, 9 November 2020

Canadian Dollar Outlook: USD/CAD Swoons as Crude Oil Price Surges

USD/CAD price action plummeted to fresh yearly lows this morning as the Canadian Dollar surges with crude oil in response to encouraging coronavirus vaccine headlines.

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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...