Loonie rallies on Fed announcement

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
Canadian currency jumped to a highest level this year as Federal Reserve signalled interest rates will stay low to boost the economic growth. Canada's Dollar strengthened 1% to CAD 0.9943 on Thursday evening trade, marking the biggest one-session advance since November 30. Currently USD/CAD is trading at CAD 0.9958.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Souscrire
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.