Wednesday, 10 February 2021

Canadian Dollar Forecast: Declining Infections, Oil Prices to Buoy CAD

The notable decline in local coronavirus infections, in tandem with crude oil’s surge to post-crisis highs, may buoy the Canadian Dollar against its haven-associated counterparts.

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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...