Monday, 24 May 2021

Canadian Dollar Positioning Looking Stretched, EUR/USD Bulls Rising - COT Report

USD shorts rise for 5th consecutive week. CAD longs moving to stretched territory, raising correction risks.

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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...