USD/CAD just shy of weekly target 1.3100...
The dollar saw choppy price action today amid the Fed’s Framework review announcement. The DXY initially weakened as Powell announced the Average Inflation Targeting (AIT), indicating more accommodation to ensure inflation averages 2%. The final target 1.3100 is insight for tomorrows session.
Note
All downside targets now complete!
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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.