The USD/CAD pair has made a swift recovery to near the key support level of 1.3500 in the American session on Friday. This uptrend comes after the release of the
The Bank of Canada made a predictable 25bp rate cut on Wednesday, causing minimal market movement. Instead, the USD/CAD dip was influenced by weak US JOLT figures, according to ING’s
The USD/CAD pair is experiencing downward pressure, struggling to maintain the key support level of 1.3500 in the New York session. This comes as the US Automatic Data Processing (ADP)
Yesterday, the Bank of Canada (BoC) made a move that was expected by many in the financial market. They decided to cut interest rates by 25 basis points, bringing the
The USD/CAD pair is inching higher, currently trading around 1.3510, as traders exercise caution ahead of the release of US ISM Services PMI and Initial Jobless Claims later today. The
USD/CAD Plunges Below 1.3550 as Bank of Canada Cuts Rates Again The USD/CAD pair has taken a sharp dive below the key support level of 1.3550 after the Bank of
The Canadian Dollar (CAD) is holding steady ahead of the Bank of Canada policy decision, with expectations of a 25bps rate cut to 4.25%. The policy statement and press conference
The Bank of Canada (BoC) is anticipated to announce a 25 basis point rate cut today, as per a survey of economists conducted by Bloomberg. Commerzbank’s FX Analyst Michael Pfister
According to Société Generale market analysts, USD/CAD has recently broken the trend line drawn since February, resulting in an extended pullback. The currency pair has fallen below the 200-DMA, indicating
The USD/CAD pair is currently trading in a tight range near 1.3550 as investors await the Bank of Canada's (BoC) monetary policy announcement. The BoC is expected to cut interest