Market Pulse

Federal Reserve has announced its decision to maintain the Federal Funds rate at 4.5%.

Here is a summary of today's interest rate day announcements:

What Does This Mean for the CAD?

Bank of Canada lower its lending rate by 50 basis points

Bank of Canada may cut Interest rates by 0.5%

Saving Big by Paying in Local Currency

USD/CAD has reached a 4 year high

Here are some main takeaways:

Here are some main takeaways from the BOC statement:

Here are key factors to consider when developing a forex strategy for your business’s operational needs.

The Federal Reserve cut interest rates by 0.5% on today.

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