USD/CAD refreshes four-year highs above 1.4400 post-Fed hawkish cut – FXStreet

The USD/CAD currency pair has reached new four-year highs above 1.4400 following the Federal Reserve’s hawkish interest rate cut. The pair has shown strength as the US dollar gains against the Canadian dollar. This move comes after the Fed’s decision to cut interest rates but also signal a more positive outlook on the economy. Traders are closely watching the developments in the market as the USD/CAD pair continues to climb.