Canada: No pressure on BoC for further easing - ING

James Knightley, Senior Economist at ING, suggests that the recent inflation figures of Canada are consistent with BoC targets, and as a result there will be no alteration to the Bank of Canada’s policy stance in the next monetary policy meeting in October.
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EUR/USD at fresh session highs, DAX drops 1%

The losses in the major European equity markets pushed the EUR/USD pair to a fresh session high of 1.1324 levels.
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