USD/CAD falls sharply to near 1.3320 amid a correction in the USD Index. Investors await the US/Canada labour market data for further guidance. The Loonie asset struggles to break above the 23.6% Fibo retracement. The USD/CAD pair falls sharply after failing to extend upside above 1.3370. The Loonie asset has dropped to near 1.3320 as […]
The post USD/CAD Price Analysis: Declines Toward 1.3300 ahead of US/Canada Employment Data appeared first on Action Forex.
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RBNZ delivered a widely expected 50bps cut to its Official Cash Rate, bringing it down to 4.25%. The central bank maintained easing bias, stating that if economic conditions align with projections, “the Committee expects to Read more…
Media release The Monetary Policy Committee today agreed to reduce the Official Cash Rate by 50 basis points to 4.25 percent. Annual consumer price inflation has declined and is now close to the midpoint of Read more…