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USD/CAD: Bank of Canada Policy Meeting on Radar After Elections

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    After a day with limited volatility in the market, the greenback was virtually unchanged against most of the G10 currencies, decreased against the euro and the Canadian dollar while it surged versus the New Zealand dollar than plunged after the dairy auction. The New Zealand currency dragged down by the Global Dairy Trade (GDT) auction that dropped the dairy products prices. The GDT Price Index fell by ‐3.1% that reflected immediately at the country’s currency. The shared currency edged higher

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