• USD/CAD declined on Wednesday as Canadian dollar firmed after Bank of Canada cuts rates to counter tariffs.
• The Bank of Canada cut its policy rate by 25 bps to 2.75% on Wednesday, warning of a new crisis as it braces for the impact of Trump’s tariffs on the economy.
•The Bank of Canada warned that a prolonged tariff war could weaken GDP growth and drive up prices, complicating rate decisions.
•The Bank of Canada has now cut rates for the seventh straight time, reducing the key rate by 225 bps in nine months, making it one of the most aggressive central banks globally.
• At GMT 18:52, the pair was down 0.25% at 1.4397.
• Immediate resistance is located at 1.4544 38.2%fib), any close above will push the pair towards 1.4576(Higher BB).
• Support is seen at 1.4375(50%fib) and break below could take the pair towards 1.4284(March 7th low).
Recommendation: Be on sidelines


FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership
FxWirePro: AUD/USD better risk puts bulls back in charge
FxWirePro:EUR/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD outlook weaker on renewed downside pressure
Bitcoin Holds Above $65K as Institutional Inflows Resume; Buy Dips Near $64K
FxWirePro: USD/CAD advances as loonie dips on softer Inflation and Middle East uncertainty
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro :USD/JPY drifts above 162 as range trading persists
BTCUSD Holds Above 365 EMA as Bullish Momentum Builds Toward $70K
JPY Action Bias: Bullish Winds Strengthen – NZDJPY Leads the Charge as Top Pair to Watch
Major Pairs Action Bias: NZDUSD Turns Extremely Bullish as EURUSD Stays Bearish – AUDUSD Emerges as Key Bullish Pair to Watch
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar
JPY Action Bias: NZDJPY and AUDJPY Stand Out as the Most Bullish Pairs
FxWirePro- Major Pair levels and bias summary
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond 



