Tuesday , 4 March 2025
Home Forex Canadian Dollar recedes after BoC cuts rates and ends QT
Forex

Canadian Dollar recedes after BoC cuts rates and ends QT

The Canadian Dollar shed one-quarter of one percent against the Greenback on Wednesday, falling back after the Bank of Canada (BoC) slashed another 25 bps from interest rates, bringing the BoC’s main reference rate down to 3.0%.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Forexlive Americas FX news wrap: Huge market moves after US tariffs on Mexico and Canada

Germany will set up €500 billion infrastructure fund and a special defense...

Heavy selling again hits US stock markets late, dashing recovery

S&P 500 -1.2%Nasdaq Comp -0.35%Russell 2000-0.4%Dow Jones Industrial Average-1.6%Toronto TSX Composite -1.3%There...

Economic calendar in Asia Wednesday, March 5, 2025 – Bank of Japan Governor Ueda speaking

Bank of Japan Governor Ueda is speaking today. Given the way Japanese...

Trade ideas thread – Wednesday, 5 March, insightful charts, technical analysis, ideas

Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas,...