Wednesday, 9 December 2020

Canadian Dollar Outlook: USD/CAD Slides on BoC Rate Decision

USD/CAD price action drops to fresh session lows as the Canadian Dollar strengthens in immediate response to the latest Bank of Canada interest rate decision.

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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...