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Euro To Canadian Dollar Rate Forecast: Will CAD Rates Rally On Bank Of Canada Hike?

From exchangerates.org.uk

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 is quoted at 1.46677, 0.06% lower compared to the daily opening levels. Euro (EUR) Exchange Rates See Limited Volatility After Lagarde Speech The Euro (EUR) saw little movement after ECB President Christine Lagarde gave her scheduled speech yesterday afternoon. Lagarde emphasised the importance of central banks ensuring that inflation expectations remain stable, especially when the public is closely watching. She aims to protect against ... (full story)

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  • Category: Fundamental Analysis