Tuesday, 5 January 2021

Canadian Dollar Outlook: USD/CAD May Fall Ahead of Employment Data

USD/CAD rates may continue to slide lower as the rollout of multiple coronavirus vaccines and substantial fiscal support buoys Canadian consumer confidence.

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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...