Wednesday, 13 July 2022

USD/CAD Reverse Ahead of Yearly High as BoC Delivers 100bp Rate Hike

USD/CAD may continue to give back the advance from the monthly low (1.2837) as it appears to be reversing course ahead of the yearly high (1.3083).

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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...