Thursday, 27 January 2022

USD/CAD Rallies Toward Monthly High Ahead of US PCE Report

Fresh data prints coming out of the US economy may push USD/CAD towards the monthly high (1.2814) as inflation is expected to increase for the fourth consecutive month.

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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...