Breaking: Bank of Canada hikes policy rate by 25 bps to 4.5% as expected

The Bank of Canada (BoC) announced on Wednesday that it hiked its benchmark interest rate by 25 basis points to 4.5% following the January policy meet
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EUR/GBP retreats from weekly highs toward 0.8800

The EUR/GBP is trading flat, hovering around 0.8815, after rising for three consecutive days. The cross peaked at 0.8851, the highest level in a week
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