November 27, 2022

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USD/CAD trades at 1.2450 ahead of Bank of Canada decision

1 min read

USD/CAD 58 pips lower today

USD/CAD 58 pips lower today

USD/CAD is at the lows of the day ahead of the Bank of Canada decision at the top of the hour. There’s fresh talk about a hawkish surprise after the RBNZ delivered just that earlier today.

Watch for a run on stops below 1.2440 and 1.2420.

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