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06.03.2020 USD/CAD Daily Analysis

USD/CAD 1.3378 been going down the last time I checkedUSD/CAD ever since The US federal reserve announced a massive cut of the fun

Yazar: Zack Smith

Yayınlanma: 6 Mart 2020 19:52

Güncellenme: 20 Kasım 2024 09:22

06.03.2020 USD/CAD Daily Analysis

  USD/CAD 1.3378 been going down the last time I checked USD/CAD ever since The US federal reserve announced a massive cut of the fund rate by 0.50% and this emergency cut by half by the Fed Chairman  Jerome Powell this made USD become weaker and these interest rate cuts are still having an impact up to today and many investors have been selling the USD but some investors are still hoping for a good turn around on the USD because of the Non-Farm payrolls report that is going to be announced today because usually the nonfarm payrolls they usually change the outlook of a currency.
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