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Broader base selling post BoC decision.

  • Besides against the CAD, after the BoC hiked rate, but will hold to assess the impact of hike, the USD extends losses against the EUR, JPY, GBP, CHF.
  • Cable look to test the 1.2400 handle, with resistance at 1.2448 High Jan 23.
  • EURUSD targets 1.0927, the January high and highest print since April.
  • Emini is bought in 10k on the USD slide, following the Dovish BoC.

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