Can the Bank of Canada hike rates and take pressure off the FOMC next week?
Richard Matthews from Pardus FX sits down with Blake Morrow to discuss the unexpected rate hike from the #RBA overnight lifting the #AUDUSD higher, and if the same thing may happen in Canada with the #BankofCanada tomorrow?
Also, Richard talks about how sticky inflation is globally, and how the #USD is performing in general.
Richard also discusses the stock market and the recent rally in the #SPX.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Richard_Matthews #PardusFX #Canada #BoC #CAD #RBA #AUDUSD #USD #FOMC
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Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.