Tuesday, 8 February 2022

USD/CAD Rate Defends February Opening Range Ahead of US CPI Report

The update to the US Consumer Price Index (CPI) may influence the near-term outlook for USD/CAD as inflation is expected to increase for the fifth 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...