Monday , 24 February 2025
Home Forex USD/CAD holds gains near 1.3850 as BoC cuts interest rates to 3.75%, as expected
Forex

USD/CAD holds gains near 1.3850 as BoC cuts interest rates to 3.75%, as expected

The USD/CAD pair remains firm near 1.3850 as the Bank of Canada (BoC) has reduced its key borrowing rates by 50 basis points (bps) to 3.75%.

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