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USDCAD Technical Analysis - Key support in sight

US:The Fed left interest rates unchanged as expected at the last meeting.The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and the Dot Plot showed that the majority of members still expects another rate hike by the end of the year with less rate cuts in 2024.Fed Chair Powell reaffirmed their data dependency but added that they will proceed carefully as they are trying to find the optimal level of rates. Powell also added that the soft... Read More

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Content Topics

Usdcad

Technical

Analysis

Support

Sight

Forex

Posted: Oct 6 2023, 08:37

Author Name: forexlive

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