BoC is widely anticipated to lower its policy rate by 50bps to 3.75% today, marking the fourth consecutive rate cut. The central bank is stepping up its monetary easing, as policymakers are increasingly worried that the current high level of interest rates is causing additional economic pain. Recent economic indicators support the case for the […]
The post BoC to Slash Rates by 50bps, USD/CAD Rally Could Stall Below 1.4 Level appeared first on Action Forex.
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