Canadian dollar rallies on central bank’s more hawkish guidance

By X-blogger - on December 12, 2024

The Canadian dollar strengthened against its U.S. counterpart as the Bank of Canada cut interest rates by half a percentage point, as expected, but shifted to more hawkish guidance on prospects for additional easing.

  • Enjoy our regulated platform

    • Write a comment

    Your email address will not be published. Required fields are marked *

    No comments yet, Be the first!
    Special Offer
    First Deposit Bonus

    First Deposit Bonus | Phone Verification | First Trade on us | Account Verification

    Cash Back Bonus

    As a valued client, you can earn 'mileage points', from your trading volume.

    Become an Xtrade VIP

    Become an Xtrade VIP. For our VIP members, we go the extra mile with.