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Hardy: Why it’s all about the ECB this week

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With EURUSD in limbo this week’s biggest event for FX traders will be the European Central Bank meeting on Thursday, says Saxo Bank’s John Hardy.

He explains what to expect from the ECB meeting on Thursday October 22 and looks at how the US dollar is trading against other major currencies like the Japanese yen. Hardy also looks at what impact the Canadian elections on Monday October 19 may have on the loonie as Canada’s Liberal Party looks set to oust the governing Conservatives.