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USD/CAD Outlook: Loonie Slips as Rate Cut Bets Build

by Forex Crunch
October 21, 2024
in Forex Analysis
Reading Time: 1 min read

Data last week boosted expectations for a massive BoC rate cut. Oil has recently dropped due to eating Middle East tensions. The greenback recovered on Monday as market participants priced a likely Trump win in November. The USD/CAD outlook shows a slow climb amid bets for a massive BoC rate cut on Wednesday. At the…
The post USD/CAD Outlook: Loonie Slips as Rate Cut Bets Build appeared first on Forex Crunch.
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  • Bitcoin could hit $1 million by early 2027, study finds April 19, 2025
  • Soybeans Speculative Net Positions Swing Positive Amid Market Optimism April 18, 2025
  • CFTC Reports Significant Rise in Corn Speculative Net Positions to 234.2K April 18, 2025
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