USD/CAD – Loonie Soars After Yellen Dovish Remarks

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The USD tumbled against the CAD after U.S. Federal Reserve Chair Janet Yellen delivered a speech at the Economic Club of New York. The USD had been weaker after the March Federal Open Market Committee (FOMC) had downgraded economic projections and emphasized the 'gradual' nature of future rate hikes. Last[​IMG]

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