USD/CAD to Test Key Support Around 1.4 as Three Tailwinds Boost Loonie Ahead of BoC

By the time the Bank of Canada announces its policy decision today, the Canadian Dollar has already built a powerful foundation for further gains. USD/CAD has fallen to its lowest level in nearly a month, supported not by a single catalyst but by three reinforcing forces: a broad retreat in the US Dollar after softer
The post USD/CAD to Test Key Support Around 1.4 as Three Tailwinds Boost Loonie Ahead of BoC appeared first on ActionForex.

By the time the Bank of Canada announces its policy decision today, the Canadian Dollar has already built a powerful foundation for further gains. USD/CAD has fallen to its lowest level in nearly a month, supported not by a single catalyst but by three reinforcing forces: a broad retreat in the US Dollar after softer […]

The post USD/CAD to Test Key Support Around 1.4 as Three Tailwinds Boost Loonie Ahead of BoC appeared first on ActionForex.

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