1405 GMT – The euro is unlikely to rise much versus the dollar if the European Central Bank leaves interest rates unchanged Thursday, even though the Federal Reserve will probably cut rates again Wednesday, UniCredit strategists say in a note. The ECB meeting should be “relatively uneventful,” they say. 1408 GMT – The Bank of Canada is likely to cut interest rates by 25 basis points on Wednesday but it could also sound cautious about further cuts and this would temper any falls in the Canadian dollar, TD Securities strategists say in a note.
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