USD/CAD Rate Rebound Fizzles Ahead of 50-Day SMA on Less Dovish BoC | Everything Trading

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USD/CAD Rate Rebound Fizzles Ahead of 50-Day SMA on Less Dovish BoC

Mar 25, 2021 | News

The recent rebound in USD/CAD appears to be stalling ahead of the 50-Day SMA (1.2652) as the Bank of Canada (BoC) signals a looming shift in monetary policy.

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