Monday , 25 November 2024
Home Forex USD/CAD at 1.4, highest since 2020
Forex

USD/CAD at 1.4, highest since 2020

The Bank of Canada looks likely to keep on cutting rates faster than the Federal Reserve. This is one factor in the strength of USD/CAD. I hope the yen bulls are taking note 😉

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

European indices build on the Friday jump to be up at the open today

Eurostoxx +0.9%Germany DAX +0.9%France CAC 40 +1.0%UK FTSE +0.4%Spain IBEX +0.7%Italy FTSE...

What are the main events for today?

As it's usually the case, we have a pretty empty day today...

Eurostoxx futures +0.5% in early European trading

German DAX futures +0.5%French CAC 40 futures +0.4%UK FTSE futures +0.1%The mood...

Gold price sticks to heavy intraday losses amid risk-on mood, holds above $2,650 level

Gold price (XAU/USD) retreats after touching a nearly three-week high, around the...