Market Overview

USD/CAD Moving Higher


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


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