Saturday , 23 November 2024
Home Forex Canadian Dollar cycles ahead of FOMC rate call and Dot Plot update
Forex

Canadian Dollar cycles ahead of FOMC rate call and Dot Plot update

The Canadian Dollar (CAD) is mostly flat on the day as markets brace for the latest interest rate forecast and rate call from the Federal Reserve (Fed) at 18:00 GMT today, and the Bank of Canada (BoC) is unlikely to make waves as investors look for signs of a near-term Fed rate cut.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

CCI Histogram Volume MT5 Indicator

The world of financial markets can feel like a whirlwind of charts,...

Global Market Weekly Recap: November 18 – 22, 2024

Global markets rallied despite heightened Russia-Ukraine tensions, with gold and oil gaining...

FX Weekly Recap: November 18 – 22, 2024

Major currencies saw wild swings as Russia-Ukraine tensions escalated. Safe havens rallied...

Gold closes week above $2,700, US PCE data in Focus

Gold price rallies to a new two-week high on Friday during the...