Eurozone inflation has given EUR/CAD a reason to stay bid, but perhaps not yet a reason to break much higher. The stronger-than-expected rise in core CPI to 2.5% yoy and the acceleration in services inflation to 3.5% yoy have effectively cemented expectations for a 25 basis point ECB rate hike next week. For now, that […]The post Stronger Eurozone Inflation Gives EUR/CAD a Floor. But Can It Break the Ceiling? appeared first on ActionForex.