The swing area come to between 1.24227 and 1.24490 The USDCAD has traded to a new week low of 1.24215. That took out a earlier low for the day at 1.24255, and also the low from July 14 at 1.24227. The price traded at the lowest level since July 6.
ECB launches investigation phase of a digital euro project
The ECB takes the next step towards a digital euro The phase will last up to 24 months and aims to address key issues regarding design and distribution of a digital euro. ECB president Lagarde remarks: