Categories: Forex Analysis

USD/CAD Forecast: Bears Hit 5-Month High Ahead of BoC

The USD/CAD forecast shows the loonie trading near a five-month high. Last week, the Canadian dollar gained over 2.4%. Market participants are pricing a 60% chance of a BoC pause. The USD/CAD forecast shows the loonie trading near a five-month high as traders anticipate a Bank of Canada pause. At the same time, a weak…
The post USD/CAD Forecast: Bears Hit 5-Month High Ahead of BoC appeared first on Forex Crunch.
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