EUR/CAD strengthened last week but ran into the resistance of the 100-day MA around 1.4675.
Tag - eur
This week we will see two rate statements by the major central banks, no changes in the interest rate are expected. Read more...
Quiet Monday on the Forex market
Market sentiment is positive, the USD remains under pressure, and the EUR awaits the speech of the new ECB president Christine Lagarde. Learn more about this and other trends in the currency market!
The main focus for today will be on the American jobs data at 14:30 MT.
Traders drop the USD and wait for NFP. Learn more!
Mixed reaction of the market to the US Fed, Bank of Canada and Bank of Japan interest rates releases
The USD fell after the Fed's meeting…
This week three major institutions release their respective interest rate decisions; we examine the conditions and consequences of each one
A big day for the USD!
During the summer months, EUR/CAD broke an important support line and traded with a bearish bias ever since.
Traders await the meetings of the Federal Reserve and the Bank of Canada and there is news from the UK…