Tuesday, 16 February 2021

Canadian Dollar Outlook: Inflation Data to Dictate USD/CAD, CAD/JPY

Canadian inflation figures for January may dictate the near-term trajectory of USD/CAD and CAD/JPY rates, as surging oil prices put a premium on the commodity-sensitive Loonie.

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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...