The USD/CAD pair has risen above 1.3800 as traders anticipate the Bank of Canada (BoC) to implement a 50 basis points rate cut. This move comes as market participants speculate on the central bank’s next steps in response to economic conditions.
The USD/CAD pair has risen above 1.3800 as traders anticipate the Bank of Canada (BoC) to implement a 50 basis points rate cut. This move comes as market participants speculate on the central bank’s next steps in response to economic conditions.