USD/CAD gains ground due to solid US Dollar (USD), which could be attributed to the fading likelihood of further bumper rate cuts by the Federal Reserve (Fed) following strong US labor and inflation data.
USD/CAD gains ground due to solid US Dollar (USD), which could be attributed to the fading likelihood of further bumper rate cuts by the Federal Reserve (Fed) following strong US labor and inflation data.
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ByglobalreutersJanuary 19, 2025EURUSD:USDJPY:GBPUSD:USDCHF:USDCAD:AUDUSD:NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.
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