FOREX ALERTS >>
DailyFX Plus Login

special reports

Article

Forex in 60 Seconds - Pound Hits Resistance After High PPI Reading, BoC May Finally Crack USDCAD Range
Monday, 09 June 2008 21:08:52 GMT  |  John Kicklighter, Currency Analyst
Delicious
Facebook


 ·          Pound spurred higher as market sees greater probability of a rate hike after high PPI reading.
 ·          USDCAD may finally break its range if tomorrow's BoC rate decision is backed by the right rhetoric.

Stories to watch on DailyFX

·          What are the major fundamental hurdles for the majors this week?
·          Preparing for the top event risk this week. Up next: the Bank of Canada Rate decision.

We welcome feedback! Send your comments or suggestions to jkicklighter@dailyfx.com

More Articles

Feedback Form