Powered by
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
Trading Articles
Search for the latest articles on trading

USD/CAD holds steady above 1.3850 as Fed cuts its rates, eyes on Canadian employment report

World +5 min read
Share

The USD/CAD exchange rate remains steady above 1.3850 following the Federal Reserve’s recent rate cut. The Fed reduced its benchmark interest rate by 25 basis points to 4.75%, aiming to support economic growth amid global uncertainties. This decision has bolstered the U.S. dollar, maintaining its strength against the Canadian dollar.

Market participants are now focusing on the upcoming Canadian employment report, scheduled for release on November 8, 2024. Analysts anticipate that the data will provide insights into Canada’s labor market health and influence the Bank of Canada’s monetary policy decisions. A robust employment report could strengthen the Canadian dollar, potentially impacting the USD/CAD pair. Conversely, weaker employment figures may exert downward pressure on the loonie.

Investors are advised to monitor these developments closely, as they could significantly affect currency markets and inform future trading strategies.

Subscribe to our Newsletter

Every week, we’ll send you the latest tips, tricks, reviews and advice on how to trade to a wealthier lifestyle

Frequently Asked Questions

What is Algo Trading?

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

What is Zen Trade?

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

Is Zen Trade legit?

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

View more articles by

More About Stock

Best Stock Brokers Review

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

Best Stock Brokers Review

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

Best Stock Brokers Review

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

Best Stock Brokers Review

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

Best Stock Brokers Review

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

Best Stock Brokers Review

Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem Lorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit aLorem ipsum doloLorem ipsum dolor sit amet, consectetur aLorem ipsum dolor sit amet, consectetur Lorem ipsum dolor sit

Latest Articles

XRP rally halted after South Korea declares martial law, whales weather selling pressure
Paul Atkins shows reluctance to replace SEC Chair Gary Gensler
Oil Holds Hefty Advance on OPEC+ Deal Progress, Iran Sanctions
Mexican Peso surges as Unemployment Rate dips, USD falls
NZDUSD Price Analysis Pair reversed gains after touching 20-day SMA above 0
Crypto Today BTC holds $95K, Cardano sets $700M record, Tron and Avalanche advance
Top Stories
XRP rally halted after South Korea declares martial law, whales weather selling pressure
Paul Atkins shows reluctance to replace SEC Chair Gary Gensler
EURUSD trapped below 1
Oil Holds Hefty Advance on OPEC+ Deal Progress, Iran Sanctions
Mexican Peso surges as Unemployment Rate dips, USD falls