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BOC Put Loonie in Vaccine Talk Pins the Greenback

It is relatively quiet a day for the economic calendar if we see the Aussie Dollar it will seem in the action with confidence n focus. Due to the COVID-19, it will be delivered support to the US economy and the BOC is in Focus. On Tuesday the number of new cases of the coronavirus rose by 218,739 to 13,454,480. The New cases had risen by 199,165.

The Euro remains on the key drive according to the market sentiments and economic outlook.

In the early morning, the news toward the COVID-19 seemed positive to the EUR. It was previously at the level of $1.1412 by 0.11%.

The market does not pay too much attention to the numbers in the case of the pound. It was up by the level of 0.24% to $1.2583.

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Jeffrey Halley

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