This e-mail contains graphics. If you do not see graphics, please follow this link.
| | | | DailyFX Delivered To You: Daily Fundamentals Article Thank you for signing up for DailyFX research. Please see below for today's Fundamentals article: - Euro Steadies After Spanish Auction While Loonie Rallies Ahead of BoC
A promising Spanish bond auction coupled with a stronger than expected confidence reading from Germany has allayed fears over the sovereign debt crisis, even if only temporarily, providing much needed support to the Euro. Meanwhile, ahead of the Bank of Canada rate decision, the Canadian Dollar was rallying. - EURCAD: Trading the Bank of Canada Interest Rate Decision
Indeed, the Bank of Canada interest rate decision highlights the biggest event risk for the Canadian dollar, and the fresh batch of central bank rhetoric could drag on the exchange rate should the central bank hold a cautious outlook for the region. Reminder, you will receive daily e-mails with the latest Fundamentals Article. Visit the DailyFX forum to ask our DailyFX analysts questions, share your thoughts on this article, or talk with other traders. Want more news? Sign up for additional newsletters. Have questions or comments about this article? You can contact our research team at research@dailyfx.com. Best regards, DailyFX
Financial Square
32 Old Slip, 10th Floor
New York, NY 10005
Tel 1-212-897-7660
Fax 1-212-897-7669
research@dailyfx.com | | | | | | | |
