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Euro edges higher vs CAD as BoC rate hike lands in line, focus shifts to ECB

FXStreetCanada

Euro edges higher vs CAD as BoC rate hike lands in line, focus shifts to ECB

EUR/CAD trades around 1.5640 on Wednesday, gaining 0.06% on the day at the time of writing, despite the Bank of Canada’s (BoC) decision to raise its benchmark interest rate by 25 basis points (bps) to 2.50%.

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