USD/CAD Price Nears Support Ahead of FOMC Meeting, US Q1 GDP

BY admin admin

The recent USD/CAD sell-off continues with a series of lower highs driving sentiment. Near-term support is close but today’s FOMC meeting is likely to decide the next move for USD/CAD.

Leave a Comment

Leave a Reply

Your email address will not be published.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

Related Posts

Forex

European Monetary Union Consumer Price Index – Core (YoY) above forecasts (0.8%) in May: Actual (0.9%)

European Monetary Union Consumer Price Index – Core (YoY) above forecasts (0.8%) in May: Actual (0.9%)

Forex

EUR/USD: Caution for bearish traders

Optimism over slowing coronavirus cases/deaths eases some bearish pressure on the EUR/USD pair, FXStreet’s analyst Haresh Menghani informs. Key quotes

Forex

Yen to show off. Forecast as of 20.11.2023

If the Fed starts cutting interest rates in 2024, it will be profitable to sell the USDJPY. The BoJ monetary normalization will support the yen. Let us discuss the Forex outlook and make up a trading

Copyright © 2024 | WordPress Theme: Xews Lite