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Forex Video - BOE's Liquidity Scheme Weighs on GBP/USD, BOC Rate Decision May Determine Next USD/CAD Move

Monday, 21 April 2008 21:20:04 GMT

Written by Terri Belkas and John Kicklighter, Currency Analysts

 ·          Bank of England's Special Liquidity Scheme weighs on GBP/USD.
 ·          The Bank of Canada's rate decision on Tuesday may determine the next move for USD/CAD as it trades just above parity.

Stories to watch on DailyFX

·          What will move the markets this week? Check out our Top 5 Events. Next up: Bank of Canada Rate Decision
·          European banks will release Q1 earnings over the next few weeks. Could this trigger the next big move in the euro?

We love feedback! Send any comments or suggestions to tbelkas@dailyfx.com or jkicklighter@dailyfx.com.

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