Wednesday, 6 January 2021

Canadian Dollar Forecast: USD/CAD Falling Wedge Threatens Reversal

The past eight months have been especially bearish for USD/CAD. Jumping from a two-year-low, can bulls stage anything more than a pullback?

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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...