Wednesday, 6 October 2021

Canadian Dollar Caged in by Inflation Favouring USD on Energy. Where to for USD/CAD?

The Canadian Dollar weakened against the US Dollar as inflation fears triggered yield spikes, creating USD buying. Will USD/CAD lift off, or is it just pausing here?

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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...