As the Chief FX Strategist at Scotiabank, I have closely observed the Canadian Dollar (CAD) remaining steady in the face of recent events. The Bank of Canada's rate cut was
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
Are you looking to make smart investment decisions in the financial market? Look no further than the USD/CAD pair, which is currently showing interesting trends and potential opportunities for investors.
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
In Thursday’s early Asian session, the USD/CAD pair is trading flat near 1.3505. The Bank of Canada (BoC) recently cut interest rates by 25 bps, bringing the policy rate to
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