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Monthly archive October, 2017

Euro holds ground as traders await Draghi

This Thursday, European Central Bank (ECB) Mario Draghi is expected to reveal details of a reduction in monetary stimulus, in what may turn out to be the most eventful meeting of the central bank this year.

Expectations for this Read More →

USD/CAD: BoC To Adopt A Wait & See Stance On Wed – Nordea

Nordea FX Strategy Research expects the BoC to adopt a wait-and-see stance at its October policy meeting on Wednesday.

"Bank of Canada has got the chance to make it three hikes in a row this week. And while Read More →

USDCAD – US Dollar To Surpass 1.2700 Vs Canadian Dollar?

Key Points

  • The US Dollar is in an uptrend and is positioned well above the 1.2675 support against the Canadian Dollar.
  • There is a major bullish trend line forming with support at 1.2675 on the hourly chart of USDCAD.
  • Recently Read More →

NZD: ‘No Point Fighting This Trend’; What’s The Trade? – SocGen

Societe Generale Cross Asset Strategy Research discusses NZD outlook in light of the recent NZ political developments.

"The NZD is own again as the Government which gave us 2% inflation targeting looks to widen the targets for the Reserve Read More →