January 25, 2024 – Written by John Cameron
STORY LINK US Canadian Dollar Rate Outlook: “USD/CAD to find good demand below 1.34 mark” say ING
Bank of Canada Drops Talk of Higher Interest Rates, GBP/CAD Exchange Rate Hits 7-Week Highs
The Bank of Canada held interest rates at 5.00% following the latest council meeting, in line with consensus forecasts.
The bank provided no clear guidance on rates, but the Canadian dollar lost ground as the bank statement dropped references to the risk of further…
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