<p>The Euro-Canadian Dollar (EUR/CAD) exchange rate is firm ahead of this week’s key risk event for the Loonie, the Bank of Canada interest rate decision. At the time of writing, EUR/CAD i
USDCAD has extended its upside move from 1.3092 to reach as high as 1.3501 before experiencing a pullback. The subsequent pullback suggests that a consolidation phase for the uptrend may be underway.
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