USD/CAD registers a fresh weekly low (1.3390) as it gives back the advance from the start of the week, but the Bank of Canada (BoC) interest rate decision may prop up the exchange rate as the central bank is anticipated to keep the benchmark interest rate on hold. USD/CAD Forecast: BoC Interest Rate Decision Takes Spotlight USD/CAD sits around the middle of the May range after showing a limited reaction to the larger-than-expected rise in US Non-Farm Payrolls (NFP), and the exchange rate may continue to move to the beat of its own drum as it appears to be trading within a defined corridor. As a result, the BoC ... (full story)