16-04-2025 12:38 via litefinance.org

Loonie Rises Amid Tariff Relief. Forecast as of 16.04.2025

Will the USDCAD pair respond to the Bank of Canada's decision to hold or lower the overnight rate in April? The Canadian dollar has demonstrated increased sensitivity to the US tariff policy. Let's discuss this topic and make a trading plan.Major Takeaways Slowing inflation allows the BoC to cut rates. Trade uncertainty suggests the rate will be kept unchanged. The loonie surged as Trump hit pause on tariffs. Short trades on the USDCAD pair can be opened with targets at 1.362 and 1.326.Week

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XAU/USD: Elliott Wave Analysis and Forecast for 18.04.25 – 25.04.25

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Loonie Rises Amid Tariff Relief. Forecast as of 16.04.2025

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