The Story
News Summary
- Bank of Canada cut rates by 25bps but maintained a hawkish tone, boosting the loonie briefly.
- Meanwhile, the Fed paused on further easing, supporting USD strength.
- Oil prices rose, and Canadian bond yields increased amid economic adjustments and trade war concerns.
Explore USDCAD price history & advisor snapshot
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Stored market data
USDCAD price history
1.39
+0.72% over the displayed period
Advisor Snapshot
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