The USDCAD pair is holding firmly in red for the third straight day and near one-month low, posted on Wednesday after a BOC hawkish hike. The Bank of Canada surprised markets by raising interest rate by 25 basis points to 4.75%, the highest in 22 years, after being on hold since January and evaluating the […]
The post USD/CAD: Canadian Dollar Under Increased Pressure after BOC Hawkish Hike appeared first on Action Forex.