about 8 days ago
XE Market Analysis: Bank of Canada Keeps Rates on Hold
By: xemarketanalysisOVERVIEW Market sentiment remains positive on headlines that US officials met with North Korean leadership. Canadian Dollar falls after BoC Governor is cautious on rate outlook. GBP slides after inflation cools. EUR mixed, inflation revised down. Turkish Lira outperforming after the president announces the early election. HIGHLIGHT UK inflation unexpectedly cooled to 2.5% last month, its lowest level in a year from 2.7% in February, raising some doubts over whether the BoE will raise rates next month. Read more
