Tuesday, 3 August 2021

Canadian Dollar Outlook: USD/CAD Hinges on Oil & Yields

The Canadian Dollar is trading on its back foot again with USD/CAD rising 100-pips over the last three sessions. Crude oil and bond yields are poised to keep guiding USD/CAD price action.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

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