Thursday, 17 December 2020

USD/CAD Post-Fed Pullback at Risk as RSI Recovers From Oversold Zone

USD/CAD may stage a near-term correction over the coming days as the Relative Strength Index (RSI) appears to be bouncing back from oversold territory.

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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...