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

<p>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 […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/live-comments/517392-boc-to-pause-today-eur-cad-down-in-consolidation-pattern/">BoC to pause today, EUR/CAD down in consolidation pattern</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>