The USD/CAD pair attracts some sellers on Thursday and moves away from its highest level since early August, around the 1.3860-1.3865 region touched in reaction to the Bank of Canada's (BoC) oversized rate cut the previous day.

The USD/CAD pair corrects slightly to near 1.3820 in Thursday’s European session after posting a fresh 11-week high above 1.3850 on Wednesday.

The Australian Dollar (AUD) edges higher against the US Dollar (USD) after the release of the domestic Purchasing Managers Index (PMI) on Thursday.

The Japanese Yen (JPY) is seen oscillating in range against its American counterpart during the Asian session on Thursday and consolidating the previous day's slump to the lowest level since July 31.

The NZD/USD pair bounces back from the psychological support of 0.6000 in Thursday’s European session.

Analysts expect central bank to slash interest rate by up to 200bps.

The Canadian Dollar (CAD) receded on Wednesday, backsliding another 0.2% against the US Dollar after the Bank of Canada (BoC) delivered a widely expected 50 bps rate cut.

Markets are pricing in 45bp of easing by the Bank of Canada today.

USD/JPY had rebounded above 151, with the JPY being highly sensitive to the sharp rise in US yields, DBS’ FX & Credit Strategist Chang Wei Liang notes.

The DXY had firmed slightly above 104, but the US Dollar’s (USD) momentum could be tapering off already, DBS’ FX & Credit Strategist Chang Wei Liang notes.

The USD/CAD pair attracts some dip-buyers following the previous day's modest slide and sticks to its positive bias around the 1.3825 region through the first half of the European session on Wednesday.

Bank of Canada (BoC) is expected to cut its policy rate by 50 bps.

The US Dollar (USD) continues to benefit from a wide range of supporting factors.

The Australian Dollar (AUD) struggles to secure its previous session's gains on Wednesday.

The AUD/USD rose by 0.35% to 0.6685 on Tuesday, recovering sharply from 0.6650 amid hawkish signals from the Reserve Bank of Australia (RBA) and hopes for economic stimulus.

The Canadian Dollar (CAD) churned chart paper on Tuesday as Loonie traders shuffle in place ahead of the Bank of Canada’s (BoC) impending rate cut due during the midweek market session.

Gold (XAU/USD) continues higher after the briefest of pullbacks to trade once more in the $2,730s on Tuesday.

The USD/CAD pair moves sideways, trading around 1.3820 during the Asian session on Wednesday, as traders await the Bank of Canada (BoC) interest rate decision later in the North American session.