USD/CAD Slips Back Below 50-Day SMA as BoC Slows Pace of QE Program

Failure to hold above the 50-Day SMA (1.2576) may push USD/CAD towards the March low (1.2365) as the BoC slows the pace of its quantitative easing (QE) program.

from DailyFX – Market News https://bit.ly/3xdjmqe
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Breaking: ECB Announcement Unchanged, EUR/USD Muted

Euro and Bund yields muted following ECB copy and paste.

from DailyFX – Market News https://bit.ly/2PibvGU
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Bitcoin (BTC/USD) Slide Resumes, Ethereum (ETH/USD) Continues to Outperform

Bitcoin (BTC/USD) is slipping lower again and is nearing the sell-off low made over the weekend. Ethereum remains positive and pushing higher.

from DailyFX – Market News https://bit.ly/3eCJtP5
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Short EUR/JPY – Q2 Top Trading Opportunities

Putting together a weak Euro with a stronger Yen, there is plenty of scope for EUR/JPY to weaken if you think the recovery will be rather bumpier than current market pricing implies.

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