FX:USDCAD   U.S. Dollar / Canadian Dollar
We have a great zone where price could possible and go. We have a lot of news coming up so be careful. USD/CAD appreciates as the Fed reaffirms expectations for three interest rate cuts in 2024.
Higher WTI price could have contributed to underpinning the Canadian Dollar.
FOMC has projected stronger growth throughout 2024 and 2025 than initially anticipated.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.