USD/CAD Surges after BOC Cut

USD/CAD is trading at 1.2902 up 0.0165. The pair has surged higher after the Bank of Canada cut interest rates to 0.5 % from 0.75 % Market chatter about the Bank of Canada's rate cut and statement released this morning is ongoing. The press conference is scheduled to begin at 11:15 AM. Trading is fast paced and choppy.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: FuturesForexMarkets
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!