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USD/CAD – Loonie Lower Ahead of FOMC Minutes

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 6, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Canadian dollar depreciated today versus the USD. The U.S. dollar gained 0.67 versus the CAD in the last 24 hours. Risk off and traders squaring positions ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes tomorrow at 2:00 pm EDT favoured the USD even as[​IMG]

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