Thursday, 25 August 2022

USD/CAD Rally Unravels Ahead of US PCE Report amid Failure to Test Yearly

Data prints coming out of the US may fuel the recent weakness in USD/CAD as the Personal Consumption Expenditure (PCE) Price Index is anticipated to show a slowdown in inflation.

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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...