Japan Machinery Orders (YoY) came in at 1.5%, above forecasts (-1.4%) in February

Apr 16, 2025

Japan Machinery Orders (MoM) registered at 4.3% above expectations (1.1%) in February

USD/CAD flat lines near 1.3950, BoC rate decision in the spotlight

The USD/CAD pair holds steady near 1.3955 during the early Asian session on Wednesday. The upside for the Canadian Dollar (CAD) might be limited amid the dovish expectations from the Bank of Canada (BoC).