CAD and NZD in the limelight ahead of the ECB

The mood remains damp with the Chinese export collapse still having an impact. Today we will get not only the regular crude oil inventories but also rate decisions in Canada and New Zealand. Both central banks reigning over these commodity currencies are expected to leave rates unchanged but lean to the dovish side. This focus today is a warm up for the ECB event tomorrow, something that already weighs on EUR/USD.

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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