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Tools for TradersTop Movers | Heat Map | Pivot Point | Pivot Meters | Action Bias | Volatility Charts Action InsightCanadian Dollar Soars on Surprised BoC Rate Hike Canadian Dollar soars sharply in early US session after BoC shocked the markets by raising overnight rate by 25bps to 1.00%. Correspondingly, the Bank rate is lifted to 1.25% and deposit rate to 0.75%... BOC Surprisingly Hikes Rate For Second Consecutive Meeting In a surprising move, BOC increased the policy rate by +25 bps to 1% in September, following a rate hike in June. Policymakers cited the better-than-expected economic developments as a key reason for ... Technical OutlookUSD/CAD Mid-Day Outlook USD/CAD dives to as low as 1.2146 after BoC rate hike, as recent decline extends. Intraday bias stays on the downside. Fall from 1.3793 should target target next long term fibonacci level at 1.2048. ... Suggested ReadingsCanadian Dollar Surges after Bank of Canada hikes Interest Rates BoC Sends CAD Soaring With Shock Rate Hike BoC: Robust Data Drives Poloz to Tighten BoC Hikes Rates, Flatfoots the Market USD/CAD Is The Corrective Phase Completed? ECB: Copy of December 2016's Playbook? ECB Should Decide on QE Sooner Rather than Later Financial Markets Gripped by Geopolitical Turmoil Australian Q2 GDP Growth Puts Pressure On The Aussie Gold Two Factor Story | Aussie GDP Expanded| US Data And Sterling At 1.30 Under Focus British Pound Back In Bullish Zone Vs US Dollar AUDUSD Consolidates Below Key 0.80 Level, Maintains Neutral To Bullish Outlook Trade With Our Partners
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