Thursday, 9 November 2023

Canadian Dollar Outlook: BoC Minutes Unable to Propel CAD Ahead of Powell

CAD prices look hesitant despite an aggressive tone shown via the BoC summary of deliberations last night. USD/CAD preps for Fed speak at key resistance level.

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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...