HomeLive CommentsUSDCAD resilient so far despite hawkish BoC hike, oil price spike

USDCAD resilient so far despite hawkish BoC hike, oil price spike

USD/CAD drops notably after dovish BoC rate hike. There is additional boost and WTI crude oil spikes higher after larger than expected fall in US crude oil inventory (-12.6m vs -4.1m exp). But still, it’s unable to break through 1.3067 key support level yet.

 

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