Tag: Hinges

USD/CAD Rate Outlook Hinges on BoC Interest Rate Decision

Canadian Dollar Talking PointsUSD/CAD appears to be reversing course following the failed attempt to test the yearly high (1.3224), but the Bank of Canada (BoC) interest rate decision may keep the exchange rate...

Cable Near-Term Trading Bias Hinges on FOMC, BoE Guidance

GBP/USD OUTLOOK:The Fed will release its May monetary policy decision on Wednesday. Investors expect the bank to raise rates by 50 basis points and formally unveil its plan to trim its huge balance...

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