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BoC to pause today, EUR/CAD down in consolidation pattern

BoC to pause today, EUR/CAD down in consolidation pattern
BoC is widely anticipated to maintain its current interest rate of 5.00% today. This expected pause in rate adjustments comes on the heels of surprising economic contraction in Canada, with the GDP shrinking at an annualized rate of -0.2% in Q2. The contraction signals the onset of economic slowdown, a stark contrast to the relatively […] The post BoC to pause today, EUR/CAD down in consolidation pattern appeared first on Action Forex... Read More
Posted: Sep 6 2023, 02:19
Author Name: actionforex
Views: 092110

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