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Euro holds gains against Canadian Dollar ahead of BoC rate decision

FXStreetCanada

Euro holds gains against Canadian Dollar ahead of BoC rate decision

EUR/CAD inches higher after six days of losses, trading around 1.5640 during European hours on Wednesday. The currency cross moved little ahead of the Bank of Canada’s (BoC) policy decision scheduled for later in the day, with financial markets largely pricing in a 25-basis-point interest rate hike.

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