Bank of Canada will announce their interest rate decision on 4th December. Any decision will majorly affect any Canadian currency pairs. If trading with news I would recommend placing a BUY stop or SELL STOP.
If USD continues to weaken and the interest rate remains the same a massive to the downside would be basically confirmed
If USD continues to weaken and the interest rate remains the same a massive to the downside would be basically confirmed
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.