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<h3>USDCAD, H1</h3> <p>Bank of Canada cuts rates by 50 bps to 0.25%. A rate reduction to the 0.25% setting was widely expected either at or before the April 15 announcement date. Governor Poloz announced: “This unscheduled rate decision brings the policy rate to its effective lower bound and is intended to provide support to

<div> <h3>USDJPY, H1</h3> <p>The Dollar declined and then recovered some of its losses, which saw the narrow trade-weighted <strong>USDIndex</strong> print a nine-day low at <strong>99.15</strong> before recouping levels back above 99.40. At the lows, the index was showing a correction of 3.2% from th