The Bank of Canada raised rates and also let us know it’s not a one-off move. Dollar/CAD dropped from above 1.29 to 1.2820 but did not stop there. The Canadian dollar tends to move slowly, providing opportunities for traders to jump on the waggon. We are seeing another example of this today. At the time [...]
The post USD/CAD already below 1.28 on the BOC hike appeared first on Forex Crunch.
via Forex Crunch
No comments:
Post a Comment