Forex Trading Daily Recap: Portugal Debt Auctions Lifts EUR, BOC Raises Rates Boosting CAD
A successful debt auction by Portugal helped to ease short-term concerns about European sovereign debt and boosted the Euro against most of its rivals. The Bank of Canada hiked rates to 1% and the Canadian Dollar rallying as a result. We also take a look at Japanese orders, UK housing prices, and German trade and industrial production.
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