Daily Market Updates: Canadian Dollar jumps as Fed Chair Warsh says Fed hikes are working

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Canadian Dollar jumps as Fed Chair Warsh says Fed hikes are working

Reported · Written up by our desk · Major Pairs

The low USD/CAD set before the BoC hike didn't survive Fed Chair Warsh's press conference. The pair fell from the top of its post-BoC range to just above 1.4000 in four five-minute bars as he spoke, its session low. It's still trading at that low.

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FXStreetCanadian Dollar jumps as Fed Chair Warsh says Fed hikes are working

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Canadian Dollar jumps as Fed Chair Warsh says Fed hikes are working

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