Thursday , 12 December 2024
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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.

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