Americas Roundup: Euro Firms Against Dollar Before ECB Meeting, Wall Street Surges to New Highs, Oil slips on Bearish U.s.

Market Roundup •    BoC holds rates steady at 0.50%, cites economic slack; current state of Monetary Policy remains appropriate. •    Euro firms against the dollar before ECB meeting, GBP weakens after industrial output drop. •    U.S. crude draws down -2.4mn bbls, products build as refiners ramp up, Gasoline stocks up ...

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Canadian Dollar Weakens On Falling Oil Prices; BoC Decision In Focus

The Canadian dollar slipped against its major counterparts in the European session on Wednesday, as oil prices declined on lingering worries over whether the planned output cuts by the OPEC and Russia would halt oversupply and restore balance in the market. Crude for January delivery fell $0.48 to $50.45 per ...

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