21.10.2008 16:39

USD/CAD keeps positive mood


Extends rally to C$1.2085, following the break above C$1.2020. Offers now seen placed between C$1.2095/00. Bank of Canada rate decision due at 1300GMT, with market looking for an other cut, following the recent Oct8 coordinated 50 bps cut, of between 25-50bp. Current target overnight rate stands at 2.50%






Copyright © 2000-06 TeleTRADE-DJ: Forex ( форекс ) — дилинговый центр. All rights reserved