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Today's All Things Forex Broadcast: Why isn't the CAD Gaining ahead of BoC Announcement?

Jul. 19, 2010 3:11 PM ETCNY, EEA, GBB-OLD, GOLD, JYNFF, UDN, USD
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In the broadcast today: Why isn't the CAD Gaining ahead of BoC Announcement? Ahead of the Bank of Canada interest rate announcement, we focus on the CAD and examine the factors causing the Loonie not to strengthen despite of the expectations of another rate hike by the Canadian central bank, we continue to monitor the EUR and the USD at the start of a busy and potentially volatile trading week, we analyze the latest trend developments with the EUR/USD and USD/CAD currency pair, we highlight the market's reaction to the cut of Ireland's credit rating and the big mergers and acquisitions news from around the globe, we discuss new forecasts from BNP Paribas and Commerzbank, and prepare for the trading session ahead.

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