Forex: USD/CAD trades below 1.0050 on Draghi's talks
Forex pairs in this Article »
USD/CAD
FXstreet.com (San Francisco) - The Dollar is trading lower right now against its Canadian counterpart on the back of rumours that ECB's president Mario Draghi is talking ECB official on Bond purchases, Rate Cut, and new LTRO.
The USDCAD has fallen around 40 pips in the lastest few minutes from 1.0065 to break below 1.0050 support and trade at the lowest level since May 15 at 1.0033. Pair is falling 0.60% so far today from opening price action to the current 1.0040.
The USDCAD has fallen around 40 pips in the lastest few minutes from 1.0065 to break below 1.0050 support and trade at the lowest level since May 15 at 1.0033. Pair is falling 0.60% so far today from opening price action to the current 1.0040.
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