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Finance & Markets

Euro holds gains against Canadian Dollar ahead of BoC rate decision

EUR/CAD inches higher after six days of losses, trading around 1.5640 during European hours on Wednesday. The currency cross moved little ahead of the Bank of Canada’s (BoC) policy decision scheduled for later in the day, with financial markets largely pricing in a 25-basis-point interest rate hike.

Euro holds gains against Canadian Dollar ahead of BoC rate decision

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[Closing Market] KOSPI Surges Past 6,000 on SK hynix Earnings

On Oct. 28, the domestic stock market staged an unprecedented, massive rally driven by a mega-scale favorable factor in semiconductors.

  • KOSPI closes at 6,012.44 points, marking 6.63% increase
  • SK hynix earnings surpass expectations, driving rally
  • Foreign and institutional investors boost index by 1.58 trillion won

More from Wednesday 28 October →