The Canadian dollar is showing limited movement on Thursday. In the European session, USD/CAD is trading at 1.4396, up 0.13% on the day. The Canadian dollar started the week with sharp gains of over 1% but has since given up about half of those gains. Canada’s retail sales expected to have declined in November Canada’s […]
The post Canadian Dollar Steady Ahead of Retail Sales appeared first on Action Forex.
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We expect the Federal Reserve to maintain the Fed Funds Rate unchanged at 4.25-4.50% in the January meeting, in line with wide consensus and market pricing. The Fed communicated back in December that the January Read more…
When the ECB meets next week, the policy decision is essentially already guided, namely another 25bp cut which brings the policy rate to 2.75%. This is a unanimous expectation among analysts and markets. With the Read more…