EUR/CAD in recovery ahead of BoC, downside breakout still expected

<p>BoC rate decision is a major focus today. It’s widely expected to keep overnight rate unchanged at 0.25%. The size of the asset purchase program will also be held at CAD 4B per week. Focuses will be on Governor Tiff Macklem’s guidance on the chance of a “micro rate cut” ahead. That is, lowering interest […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/354427-eur-cad-in-recovery-ahead-of-boc-downside-breakout-still-expected/">EUR/CAD in recovery ahead of BoC, downside breakout still expected</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>