The Canadian dollar is strengthening with USD/CAD battling the 1.12 level once again. The Bank of Canada is finally acknowledged the rise in inflation and called it “balanced”. It previously saw inflation as related to temporary factors. In the background of the rate decision, there is a shooting event in Ottawa. It began in the War Memorial and triggered a lock down in the area, close to the parliament and the Bank of Canada. The BOC did release the prepared statement that governor Poloz was about to read out, but did cancel the planned press conference. The pair rose earlier on worse than expected retail sales. All in all, we have 100 pips movements: up and then down. This is how all the action looks on the Dollar/CAD chart: Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next The Case For A Strong USD And A Weaker AUD & NZD – ANZ Yohay Elam 7 years The Canadian dollar is strengthening with USD/CAD battling the 1.12 level once again. The Bank of Canada is finally acknowledged the rise in inflation and called it "balanced". It previously saw inflation as related to temporary factors. In the background of the rate decision, there is a shooting event in Ottawa. It began in the War Memorial and triggered a lock down in the area, close to the parliament and the Bank of Canada. The BOC did release the prepared statement that governor Poloz was about to read out, but did cancel the planned press conference. The pair rose earlier… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
