Bank of Canada Poised for Hawkish Message, Bolstering Bullish CAD

It is very likely that the Fed will plan to quit a Quantitative Easing (QE) policy on November 3, but the Dow Jones Index and S&P 500 Index hit a record high again recently, which seems not to be affected negatively from the plan, because of the better-than-expected achievements by most recent listed companies. In addition, the Feb has no hurry of hiking interest rate in the short term. So traders reckon that the US stocks may continue to rise.