USD/CAD gained ground as BoC cut the interest rate to 2.50%.
USD/CAD moved higher as traders reacted to BoC Interest Rate Decision. BoC cut the interest rate from 2.75% to 2.5%, in line with analyst estimates.
If USD/CAD climbs back above the 1.3780 level, it will move towards the 50 MA at 1.3816.
