USD/CAD Climbs to New Heights Ahead of Bank of Canada Meeting
The USD/CAD exchange rate surged to its highest point since April 2020 amid escalating worries over a potential trade conflict between the US and Canada. Ahead of the upcoming Bank of Canada (BoC) interest rate announcement, the pair soared to 1.4180, reflecting a significant increase of nearly 20% from its lowest point in 2021.
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