Wednesday, 19 May 2021

USD/CAD Outlook - Daily Price Chart Hints at a Reversal, All Eyes on The Fed Minutes

USD/CAD continues to teeter on the edge with a break below 1.2000 possible. One chart signal however suggests a reversal may be forming.

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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...