Category forex

EUR/USD May Extend Decline

EUR/USD may trade below 1.14 due to growth divergence The euro and dollar are on diverging paths, driven by growth differences between the US and euro area. This divergence is not fully priced into rates markets, suggesting potential for further decline in EUR/USD.

BoC Holds Rates At 2.25%

Bank of Canada keeps rates steady due to easing inflation The Bank of Canada has kept interest rates at 2.25%, citing easing core inflation and a weak real economy. This decision limits gains for the Canadian Dollar against the US Dollar. Market pricing now

BoC Keeps Rates Steady At 2.25%

Bank of Canada holds interest rate at 2.25% due to easing core inflation The Bank of Canada kept its key interest rate at 2.25% due to easing core inflation and a weak real economy. Market pricing now reflects only one hike by December, easing monetary-policy press