The Canadian Dollar (CAD) showed strength following the Bank of Canada’s (BoC) 25 basis point rate cut, pushing USDCAD lower to the 1.4400 region. However, CAD’s upside may be limited as the broader market remains cautious. Short-term technical patterns suggest USDCAD could see a further downside if it remains below key resistance at 1.4425/50. However, […]
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