USD/CAD Analysis: Rate Approaching Important Support

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2023/02/f-cad109.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2023/02/f-cad109.jpg 612w, https://www.actionforex.com/wp-content/uploads/2023/02/f-cad109-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2023/02/f-cad109-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2023/02/f-cad109-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Bank of Canada Governor Tiff Macklem said yesterday that enough may have been done to curb inflation. As follows from his words, current policies can lead to inflation returning to the target of 2%. The announcement fueled market and economist expectations that interest rates had peaked. It is acceptable to assume that the Bank of […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/528705-usd-cad-analysis-rate-approaching-important-support/">USD/CAD Analysis: Rate Approaching Important Support</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published.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