Tuesday , 24 September 2024
Home Forex USD/CAD falls below 1.3550 on expected BoC rate cuts, weak US Job Openings
Forex

USD/CAD falls below 1.3550 on expected BoC rate cuts, weak US Job Openings

The USD/CAD pair drops sharply below the crucial support of 1.3550 as the Bank of Canada (BoC) reduces its key borrowing rates by 25 basis points (bps) for the third straight time, pushing them lower to 4.25%.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Caroline Ellison has been sentenced to two years in jail

Caroline Ellison is Sam Bankman-Fried’s ex-girlfriend.She's copped the jail time for helping...

Oil survey of inventory shows huge headline crude oil draw, much greater than expected

Via oil price dot com on Twitter:--Expectations I had seen centred on:Headline...

Forexlive Americas FX news wrap 24 Sep: Weaker data sends the USD lower.

Major indices close higher. S&P and Dow new records once again.The USD...

Another record close for the Dow and the S&P

In the US stock market today, the S&P and Dow closed at...