USD/CAD SINKS BELOW 1.3700 AND THE 20-DMA, WITH SELLERS EYEING 1.3600

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USD/CAD sellers moved in on Thursday after being kept at the sidelines on a risk-on impulse. Although the US Federal Reserve (Fed) raised rates as expected, market participants perceived Powell and Co.’s move as dovish. That said, the USD/CAD has fallen 0.56% or 76 pips, exchanging hands at 1.3654.

 

已編輯 25 Mar 2023, 17:15

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