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USD/CAD Price Analysis: Dollar Firms Up, Awaits Fed Decision

by Forex Crunch
September 20, 2023
in Forex Analysis
Reading Time: 1 min read

Investors believe the Fed will hold rates steady at 5.25% to 5.50%. Futures markets are currently pricing a 30% chance of a 25bps Fed hike in November. On Tuesday, the Canadian dollar strengthened to a six-week high against the US dollar. Today’s USD/CAD price analysis is bullish as investors move to the dollar ahead of…
The post USD/CAD Price Analysis: Dollar Firms Up, Awaits Fed Decision appeared first on Forex Crunch.
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AUD/USD Price Analysis: Soars to near 0.6500 ahead of FOMC decision

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