Optimism Still Exists for More Stimulus
Differences continue to narrow in US stimulus talks but more work needs to be done. Pelosi and Mnuchin will speak again today, according to her aide.
EUR/CAD: a considerable drop
Information is not investment advice
The euro has become pretty weak on Christine Lagarde's comments lately. Against the CAD, it becomes most visible. On the H4 chart below, you can see that this pair has been going mostly sideways this month, contained between 1.5550 and the current level of 1.5644. Now, the very last episode is a strong spike to the heights of 1.5740. From there, EUR/CAD went down to 1.5644 undoing the gain. If it reaches the depths of psychological 1.5600 in the middle of the channel, get prepared to see it go further down to 1.5550.
Gaspar Markosyan
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Optimism Still Exists for More Stimulus
Differences continue to narrow in US stimulus talks but more work needs to be done. Pelosi and Mnuchin will speak again today, according to her aide.
GBP vs EUR and USD: strategic look
The GBP made strong moves against the US dollar and the EUR lately. What's the tactical outlook?
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