Canadian dollar dips as risk aversion offsets BoC case against easing further

By X-blogger - on February 6, 2026
USD/CAD Daily Chart

The Canadian dollar edged lower against its U.S. counterpart as investors grew risk averse, but the move was limited after Bank of Canada Governor Tiff Macklem pushed back against prospects of additional interest rate cuts to support the economy.

  • 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    Your email address will not be published.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.