Canadian Dollar weakens further after outsized BoC rate cutThe Canadian Dollar (CAD) receded on Wednesday, backsliding another 0.2% against the US Dollar after the Bank of Canada (BoC) delivered a widely expected 50 bps rate cut.
Source: Canadian Dollar weakens further after outsized BoC rate cut (https://www.fxstreet.com/news/canadian-dollar-explores-further-downside-following-boc-rate-cut-202410231844)