The USD/CAD pair has reached a multi-year high, with the possibility of hitting 1.4200 due to increasing expectations of a larger rate cut by the Bank of Canada. The currency pair continues to strengthen, driven by market speculation on the central bank’s next move. Investors are closely monitoring the situation, as the potential for a significant rate cut could further boost the USD/CAD pair. The market remains optimistic about the pair’s outlook, with 1.4200 remaining a key target for traders.
Subscribe
Login
0 Comments