22 Jan 2014
Flash: USD/CAD eyes on BoC meet tomorrow - Danske Bank
FXstreet.com (Barcelona) - Today Danske Bank strategists are looking forward to the Bank of Canada monetary policy meeting.
Key Quotes
“Yesterday USD/CAD traded above 1.10 for the first time in four years and we doubt that today's meeting will change the negative CAD sentiment.”
“In fact, the meeting might underline that the Fed and BoC are moving in different directions this year as BoC might surprise in a dovish way. We continue to see further upside for USD/CAD.”
Key Quotes
“Yesterday USD/CAD traded above 1.10 for the first time in four years and we doubt that today's meeting will change the negative CAD sentiment.”
“In fact, the meeting might underline that the Fed and BoC are moving in different directions this year as BoC might surprise in a dovish way. We continue to see further upside for USD/CAD.”