With a slew of key central bank comments due this week, Michael Hewson takes another look at the impact of monetary policy expectations on several major currency pairs.
- Comments from the heads of four central banks: Bank of England, Federal Reserve, European Central Bank and the Bank of Canada
- Sterling/Dollar is still looking biased towards the topside, with a short-to-medium term target of $1.5480
- Weakness in the price of crude oil has helped the US Dollar/Canadian Dollar pair rebound towards C$1.28
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Video content by Michael Hewson of CMC Markets.