Forex Today: Dollar retreats from two-year highs, eyes on BOC rate decision
Here is what you need to know on Wednesday, April 13: The greenback lost interest after the US inflation data on Tuesday but managed to regain its tra
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Here is what you need to know on Wednesday, April 13: The greenback lost interest after the US inflation data on Tuesday but managed to regain its tra
Bank of Canada Preview: How Will the BoC Impact the Canadian Dollar?
Bank of Canada Preview: How Will the BoC Impact the Canadian Dollar?
One-month risk reversal on USD/CAD, a measure of the spread between call and put prices, prints the strongest weekly reading since late March, according
Mar 10, 2021 08:46 GMTFXStreet News The USD/CAD will look to the Bank of Canada (15:00 GMT) for further directionality, with a breach of the 1.2600 to 1.2750 range potentially at hand, economists at OCBC Bank inform. See – Bank of Canada Preview: Three reasons why the BOC may unleash C$ strength Key quotes “Policy tweaks are not expected. They should continue to sound optimistic, and perhaps lay down some groundwork for a reduction in asset purchases (at C$4b/week now) in the coming meetings. This would put the BoC way ahead in terms of the pull-back of monetary stimulus, and underlies o...