Bank of Canada to be a focus later. The USDCAD stays above the 100 day MA - ConsultFX

Bank of Canada to be a focus later. The USDCAD stays above the 100 day MA

Broke above yesterday. First close above since June 9th The Bank of Canada will announce their latest intentions for rates at 10 AM ET/ 1400 GMT The expectations are for no change in rates.  The probability of a hike stand at 17.8% for tomorrow.  The chance of a hike rises to 44% for the December 6th meeting.   Copyright 2015 Forexlive.com