USD/CAD 1.4376 , -0.0121 ,-0.83%
Today the USD/CAD went down with 0.83% just after when the Feds announced that they were going to ease the liquidity and also that they are going to be buying unlimited bonds. These announcements were followed with a report that The US Senate and Trump administration was close to reaching an agreement on the stimulus to fight the coronavirus and that the stimulus was going to demand massive spending which will amount to 1.3 trillion to support the economy but people are panicking even though there is this support and that is why the USD faced so much pressure today and the pair USD/CAD is trading low on 1.4736.