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Monday, April 03, 2006

EUR CAD: Double Top?

As FX pairs head into another week, month, and quarter, there are a number of events on the calendar. The Bank of England will be meeting on Thursday, although rates are not expected to move from the current 4.50%. Also on Thursday, the ECB will be meeting, and many analysts believe that another .25% rise could be in the cards in response to expanding money supply, which has been backed by increasingly hawkish commentary. Read More....