Wednesday, 19 May 2021

Canadian Dollar Price Forecast: Can USD/CAD Reverse Course and Rally?

USD/CAD has fallen for months as rising crude oil prices, risk appetite and a weak US Dollar worked to drive the pair lower. Now with potential taper talk on the horizon, can USD/CAD reverse higher?

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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...