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  • Forex: Top FX Headlines: USD/CAD Awaits Neutral BOC Today; ECB Has High Burden of Proof: 12/7/16

Forex: Top FX Headlines: USD/CAD Awaits Neutral BOC Today; ECB Has High Burden of Proof: 12/7/16

By on November 3, 2020 0 13 Views
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– Bank of Canada meets today at 14:00 GMT. While less dovish in recent weeks, the BOC will probably be outright neutral today given recent growth data and the jump in energy prices.
– The European Central Bank has laid out significant expectations for tomorrow’s policy meeting, and as a result, there is a high burden of proof in order to see the Euro weaken beyond what’s already priced-in.

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