thunderpips

Today’s Notable Sentiment Shifts

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USD – The dollar climbed to a fresh 20-year high on Thursday, supported by safe-haven demand as concerns persisted that further policy tightening by the FOMC to combat inflation will drag on global economic activity.

CAD – The Canadian dollar extended recent declines on Thursday as the Bank of Canada played down prospects of interest rates rising by more than half a percentage point in any one move.

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