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ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
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ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
AI Memory Boom Sparks Global Chip Supply Crunch 
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Norway's Norges bank surprised markets today with a rate cut of 25 basis points, pushing Krone lower against almost all currencies. Krone is currently trading at against Dollar, down % for the day so far.
Norway's actions raised speculation that oil currencies likely to slide further as central banks would take actions to ease policy.
Speculation have risen particularly over Bank of Canada (BOC), which is scheduled to announce monetary policy decisions on 21st October.
Canadian Dollar has weakened to new 11 year low after Norges Bank introduced rate cut.
We have called for Canadian Dollar to reach 1.38 against Dollar and expect prices to reach there by December. Canadian Dollar is currently trading at 1.335 against Dollar, marginally up from today's low of 1.342.
