Thursday, 18 November 2021

Canadian Dollar Down on CPI and Yields as Risk Turns Off. Will USD/CAD Keep Rising?

The Canadian Dollar weakened after CPI printed in line with forecasts and risk assets came under pressure. Can USD/CAD continue to run 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...