CPT MarketsMarket forecast: The Central Bank of China's policy interest rate meeting will remain silent! Eurozone...

dollar/Cad (USDCAD)：

After a significant decline in the US dollar against the Canadian dollar on Monday, it opened today for consolidation1.3690Nearby, the market recently leaned towards the Bank of CanadaBoCAnnounced on Wednesday to maintain policy interest rates at5%。

Pound Sterling Live editGary HowesWe have predicted the trend of the Canadian dollar for the next week, with the main focus being on the Bank of Canada(BoC)On Wednesday's decision, the market tends to announce the maintenance of policy interest rates5.0%。 HowesBelieving that such a result will be consistent with a stable Canadian dollar exchange rate means that anyforeign exchangeThe excitement of a transaction must come from two reasons:1）An unexpected interest rate hike decision;2）The decision to hold the currency is accompanied by strong indications that the central bank will take action - there may be another rate hike at the next meeting.

In terms of financial event data from yesterday, as of10month20The national economic confidence index for the current week has dropped compared to the previous period49.45This reflects a conservative wait-and-see attitude towards the future economic prospects of the country. In terms of US economic data, the Chicago Federal Reserve has released9The monthly national activity index has significantly exceeded expectations0.02%Index greater than0Indicates that the economic growth rate is greater than the average growth rate.

From the upward direction, the upper suppression(Upper resistance) 1.3690，1.3720； From the downward direction, the lower support1.3650。

euro/GBP (EURGBP)：

After closing high and falling against the pound on Monday, the euro hovered around0.8710Up and down, due to the rise of both the euro and pound against the safe haven US dollar on Monday, there is room for both the euro and pound to take a break from their upward trend.

Last Thursday, Dutch International GroupINGEconomists analyzed before the European Central Bank meeting, although10 The yield on one-year US Treasury bonds has reached 5%Risk sentiment remains unstable, but the euro and pound continue to find good support. Compared to the Federal Reserve, the impact of communication from the European Central Bank on this interest rate spread is usually smaller, and given the limited guidance provided by the cautious tone of the expected meeting, it is expected that there will be no substantial spillover effects on the foreign exchange market this month. The trend of the US dollar and geopolitical events are likely to have a greater guiding effect on short-term trends.

In terms of yesterday's financial event data, the Eurostat announced the Eurozone10The monthly consumer confidence index has improved compared to expectations-17.9This reflects a boost in consumer and business expectations for the future economy and consumption in the Eurozone. In addition, the Spanish National Bureau of StatisticsINEpublish9The total number of overnight stays per month has decreased compared to the previous period3808.5310000 people.

From the upward direction, the upper suppression(Upper resistance) 0.8710，0.8750； From the downward direction, the lower support0.8670。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.