The Canadian Dollar is interestingly weaker in immediate reaction to the BoC announcement as USD/CAD pivots higher despite the Bank of Canada reducing weekly asset purchases by C$1-billion.

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The Central Bank of Turkey maintains its benchmark interest rate at 19% for five consecutive months, in line with market consensus.

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EUR/GBP has broken through recent support and the pair now look set to drift lower with the early April low the next target.

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Monetary policy decisions from the ECB and BOC to determine EUR/CAD performance

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The US Dollar is keeping an eye out for inflation data to consolidate further bullish momentum

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