USD/CAD Analysis: Rate Reaches Its Minimum in 4 Months

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<p>On Friday, the rate dropped below 1.366 for the first time since the beginning of August. This was facilitated by fundamental drivers: → The US dollar weakens after the Federal Reserve meeting, which signaled the possibility of lowering interest rates next year. Powell said monetary tightening is likely complete and discussions about cuts are &#8220;on [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/532246-usd-cad-analysis-rate-reaches-its-minimum-in-4-months/">USD/CAD Analysis: Rate Reaches Its Minimum in 4 Months</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>