Canada BoC Interest Rate Decision meets forecasts (1%)

Dec 6, 2017

AUD/USD: dropping below 10-hourly SMA at 0.7584 to print fresh lows

AUD/USD is unable to get above the 100 hourly SMA at 0.7635 and the pair is moving into a deeper negative territory, (pressured by the bearish 21-SMA)

Bank of Canada maintains overnight rate target at 1%

"The Bank of Canada today maintained its target for the overnight rate at 1 percent. The Bank Rate is correspondingly 1 1/4 percent and the deposit ra