Market Overview

USD/CAD Moving Higher

Share:

The USD/CAD pair is trading at 1.2463, up 0.0023. Trading is choppy and higher. Weak energy prices are supportive Wednesday.

Market talk about Friday's U.S. jobs data is making the rounds and talk that Bank of Canada policy indicates more rate cuts are coming. On the other hand, Australian and Chinese stimulus attempts have occurred this week some are saying maybe the BOC is done with policy action for now.

Posted-In: Futures Forex Markets

 

Related Articles

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Benzinga's Top Downgrades

D.A. Davidson Reiterates Buy, Lowers Price Target On RadiSys On Attractive Risk-Reward Profile