USD/CAD: Mid-Term Lows Flirted with as Bank of Canada Looms

14 days ago DailyForex

The USD/CAD is trading near important mid-term lows as speculators brace for the Bank of Canada to release the Overnight Rate today which will lead to volatility. The USD/CAD is traversing near the 1.33600 ratios as it hovers close to critical mid-term lows. The Bank of Canada will issue its Monetary Policy Report today and the central bank’s outlook will certainly cause a storm in the USD/CAD. USD/CAD January’s Bearish Trend has brought November 2022 Values into SightOn the 13 th of January, the USD/CAD was trading near the 1.33200 mark briefly. The Bank of Canada will likely mirror the U.S. Federal Reserve’s policy, warning about inflation while saying it is monitoring growth.
Continue reading...

Read On "DailyForex"
More News On "DailyForex"
19 minutes ago - UK to investigate sending jets to Ukraine amid plans to train pilots 26 minutes ago - Man United vs Leeds United live stream, TV channel, lineups, betting odds for Premier League clash 26 minutes ago - Former Sheffield MP Jared O’Mara found guilty of six counts of fraud to fund cocaine habit 28 minutes ago - Daniel Levy makes Tottenham transfer claim and reveals why his manager dream is 'very difficult' 29 minutes ago - Sunak hopeful over formal charges at ICC against Russian officials ‘shortly' 29 minutes ago - Laughing King Charles gives awkward response to request to 'bring back' Prince Harry 29 minutes ago - ‘Wings for freedom’: Zelensky tours European cities urging air support 33 minutes ago - Wrexham finally bow out of the FA Cup, plus Paris Saint-Germain's post-World Cup slump 35 minutes ago - King Charles Hosts Ukraine's President Zelenskyy at Buckingham Palace During Surprise Visit to the U.K. 35 minutes ago - Sheffield United, Wrexham and the reason you watch to the end of the credits 36 minutes ago - Why is Manchester United vs Leeds not on TV tonight? 37 minutes ago - Zelenskiy, touring Europe, wins UK pledge to train pilots on NATO jets 37 minutes ago - Zelenskyy tells UK 'freedom will win,' pushes for warplanes - War in Ukraine - World 38 minutes ago - N'Golo Kante's likely return game for Chelsea revealed with Graham Potter to get dream scenario 41 minutes ago - Kylian Mbappe could prove pivotal in Harry Kane Tottenham future as Qatar plot Man Utd takeover 43 minutes ago - Quantum Computing Market Statistics and Research Analysis Released in Latest Industry Report 2031 44 minutes ago - Ukraine latest: Zelenskyy visits U.K. for first time since Russian invasion 45 minutes ago - SA20 2023 semi-final - match preview: Joburg Super Kings v Sunrisers Eastern Cape 45 minutes ago - Svitolina calls for Russians to be banned from Olympics 46 minutes ago - North Korean leader Kim Jong Un brings daughter to visit troops as rumors swirl she will be his successor 47 minutes ago - Ex Labour MP Jared O’Mara found guilty of £24,000 expenses fraud 47 minutes ago - Christian Atsu Dating History: Are Christian Atsu Single or Married? 47 minutes ago - Five heroes including a 17-year-old dive into an icy lake in Iowa to rescue a man, 83, and his dog 47 minutes ago - Internal Memphis Police documents detail misconduct of officers charged in Tyre Nichols' death, including one who texted people photos of Nichols 48 minutes ago - 'Evil Will Crumble Once Again': Highlights Of Zelenskyy's Powerful Speech At UK Parliament 49 minutes ago - Princess of Wales ditches her blazer and tries her hand at tyre pulling 50 minutes ago - Emma Willis, Rylan Clark and Oti Mabuse begin Red Nose Day mountain challenge 51 minutes ago - Not perennial river, cleaning a challenge: Sabarmati Riverfront panel chairman 53 minutes ago - Qatar Investors Bid to Take Over Man U from Glazers 53 minutes ago - Britain takes aim at Microsoft's $69 billion 'Call of Duty' deal 53 minutes ago - Putin likely approved supply of missile that downed flight over Ukraine — probe 54 minutes ago - MPs should get £160,000 payoff and a medal if they are kicked out of office, report suggests 58 minutes ago - Explained: Why Manchester United vs Leeds is not on TV tonight 58 minutes ago - Overwatch 2 season 3 battle pass sparks credits vs coins confusion 58 minutes ago - How Gemma Arterton hid her pregnancy for eight months before surprise birth announcement 1 hour ago - Kate Middleton 'wanted to be co-operative' with Meghan in texts leaked by Harry 1 hour ago - Pastor Who Witnessed His Own Birth: The Creator Cares for Humanity Beyond Our Understanding 1 hour ago - Prince William Is 'Most Upset' by Prince Harry's Book, While King Charles Is Eager for Things to 'Calm Down' 1 hour ago - Arsenal vs Brentford preview: How to watch on TV, live stream, team news & prediction 1 hour ago - Quantum data conversion offers a path to scale up quantum technology architectures 1 hour ago - West Ham vs. Chelsea: Prediction and Preview 1 hour ago - New York Times promises revenue boost from Google deal as it hits 11m subscriptions 1 hour ago - Ashmore Group: What a former FTSE 100 member tells us about the attractiveness of emerging markets 1 hour ago - Ukraine's Zelenskiy calls for 'wings for freedom' fighter jets on trip to Europe 1 hour ago - Hands-on: Microsoft’s new AI-powered Bing can write essays and plan vacations 1 hour ago - Bruno Tonioli arrives in a red vintage Fiat at Britain's Got Talent auditions in Manchester 1 hour ago - 4 big-money strikers Manchester United could sign in the summer transfer window 1 hour ago - Tottenham told injury update ‘really bad’ ahead of Leicester City clash 1 hour ago - MH17 inquiry: 'Strong indications' Putin OK'd missile supply 1 hour ago - IPP Hecate Grid raises US$98.9 million for ‘laser-focused’ standalone energy storage deployment 1 hour ago - Call of Duty could be removed from Microsoft's Activision deal as merger may "harm" UK gamers 1 hour ago - Manchester United vs Leeds United: Prediction, live telecast of premier league match in US, UK 1 hour ago - The Best Online Casinos In Oregon | Real Money Oregon Casinos 1 hour ago - We need a Qatari-owned Manchester United because the Premier League needs a villain 1 hour ago - LIVE: Nearly 300,000 displaced in Syria, as earthquake death toll passes 11,200 1 hour ago - Ex-MP Jared O'Mara GUILTY of fraud after claiming £30,000 to fund cocaine lifestyle 1 hour ago - Penny Stocks To Buy Now? 5 To Watch After News This Week 1 hour ago - N Korean leader Kim brings daughter to visit troops 1 hour ago - Amazon shoppers love these £20 'really realistic' flameless candles 1 hour ago - Uncovering Highly Selective Catalysts Using AI
free geoip