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USD/CAD – Loonie Higher After Dovish FOMC Minutes

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian dollar advanced versus the USD as the minutes from the March Federal Open Market Committee (FOMC) meeting added yet more dovish rhetoric to U.S. rate hike expectations. The interest rate divergence that had fueled the dollar rally has been put on pause after the Fed has gone from[​IMG]

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