Bank of Canada Surprises Markets
In a surprising move on Wednesday, the Bank of Canada raised interest rates by 25 basis points to 1%. The Bank of Canada said the hike “was warranted given unexpectedly strong...
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Daily Forex Analysis
The US Commerce Department released Factory Order (MoM) for July that came at -3.3%, their biggest drop since August 2014. However, capital goods were stronger than the previous...
