EUR/CHF has broken below a multi-month ascending trend line resulting in a steady downtrend. As analysts at Société Générale note, the pair could slid
What did we learn from the BoC last week?
Cautiously optimistic The BoC held rates at 0.25% but the surprise this month was that the central bank was a little more neutral than many market participants were expecting. Yes, they cut asset purchases from $3 bln top $2 bln and they still see lifting rates around 2022. The adjustment was expected and due to the