US equities decline after Fed’s Powell pulls the plug on March cut

US equity indexes declined across the board on Wednesday, faltering after market hopes for a faster pace of rate cuts from the Federal Reserve (Fed) discovered just how far ahead of policymakers they’ve run.
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USD/CAD recovers its recent losses below the mid-1.3400s, US PMI data looms

The USD/CAD pair recovers some lost ground below the mid-1.3400s during the early Asian trading hours on Thursday.
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