Tuesday, 19 November 2019

Canadian Dollar Outlook Hinges on Inflation, BOC Rate Cut Odds

Canadian Dollar overnight implied volatility measures jumped higher ahead of the high-impact release of the monthly Canadian inflatio report Wednesday, which could materially sway BOC rate cut odds.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...