Monday, 25 April 2022

Canadian Dollar Forecast: USD/CAD Rally Materializes Ahead of April Low

USD/CAD appears to have reversed course ahead of the April low (1.2403) as the exchange rate extends the series of higher highs and lows from last week.

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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...